Calculate tax salvage value , Financial Accounting

Consider an asset that cost 100000 to acquire and has an estimated salvage value of 20000. The assets is to be depreciated over four years. At the end of four years, the asset is sold for 30000. If the firm has a marginal tax rate 40%, what is the after tax salvage value of the equipment.

 

 

Posted Date: 2/27/2013 3:00:44 AM | Location : United States







Related Discussions:- Calculate tax salvage value , Assignment Help, Ask Question on Calculate tax salvage value , Get Answer, Expert's Help, Calculate tax salvage value Discussions

Write discussion on Calculate tax salvage value
Your posts are moderated
Related Questions
An investment project requires a net investment of $100,000. The project is expected to generate annual net cash inflows of $28,000 for the next 5 years. The firm's cost of capital


Permanent accounts would not include a interest expense b wage payable c prepaid rent d unearned revenues

The Major Assignment Business Case Study is about American Cable Communications' proposed acquisition of the firm Air Thread Connections. The case study is available from the folde

An investment project requires a net investment of $100,000 and is expected to generate annual net cash inflows of $25,000 for 6 years. The firm's cost of capital is 12 percent. De


zorn conducted his professional practice through zorn, inc. the corporation uses a fiscal year ending september 30 even though the business purpose test for a fiscal year cannot be

Assume you invest $150 per month in a stock. Stock prices are as follows: January $10.50, February $9.75, March $9.50, April $11.00, May $10.75, June $9.75, July $9.00, August $8.5

1. You (Exchange) have just filled an order and notified involved traders of their fills. Next you must tell the world about this trade. Suppose you flip a coin. You flip a coin