What is the equipment after-tax net salvage value

Assignment Help Financial Management
Reference no: EM131540210

Net Salvage Value

Allen Air Lines must liquidate some equipment that is being replaced. The equipment originally cost $16 million, of which 80% has been depreciated. The used equipment can be sold today for $4.8 million, and its tax rate is 35%. What is the equipment's after-tax net salvage value? Write out your answer completely. For example, 2 million should be entered as 2,000,000.

__________$ 

Reference no: EM131540210

Questions Cloud

Documented with assertions and comments : Your pseudo-code algorithm should be documented with assertions and comments. Your algorithm must run in O(n) time.
Explore ethical perspectives in film : This assignment gives you the opportunity to explore ethical perspectives in film
Primary and secondary socialization : 1. What is socialization? 2. What is the difference between primary and secondary socialization?
Explain concept of tying performance to organizational goals : Strategic purpose for a well-blended compensation program, one that includes various types of direct compensation, is gaining employee commitment.
What is the equipment after-tax net salvage value : What is the equipment's after-tax net salvage value?
Bill for a cellular telephone company : Java program that calculates the bill for a cellular telephone company. The company offers two types of service: regular and premium.
Big ideas from the concepts : Lots and lots of information in this lab set. I'd like for you to select three BIG IDEAS from the concepts and elaborate on them for your peers.
What motivates you at work : In no more than 500 words and by supporting your answer with your own research, identify the factors in your current job that makes it motivating.
What classes are in the english department : Provide a list of all students without a biography. What classes are in the English department?

Reviews

Write a Review

Financial Management Questions & Answers

  How to get the holding period return

How to get the holding period return for a $980 selling security that purchased fiver years before at $798? Prove that this return overstates the annualized, compound return.

  Decrease days sales outstanding

Which of the following will decrease days' sales outstanding

  Determine the magnitude of year 0 investment

Reclamation costs on a project are expected to be incurred over a 30 year period from 27 to 56 years in the future from now. Reclamation costs are estimated to escalate 5.0% per year in the future

  Determine after-tax cash flow for this asset over six years

Determine the after-tax cash flow for this asset over six years. Determine whether the project is acceptable on the basis of the IRR criterion".

  Sales revenue and cost of goods sold

Abbey Lane Breweries had sales revenue of $64,000, Cost of Goods Sold of $25,600, Selling Expenses of $16,000, Distribution Expenses of $3,200, Other expenses of $7,200. If Sales are targeted to go up by 7% using the Percent-of-Sales Method, EBT for ..

  What is the after-tax of capital to walgreen for the bonds

The Walgreen Corporation is contemplating a new investment that it plans to finance using one-third debt. The firm can sell new $1000 par value with a 15-year maturity at a price of $953 that carry a coupon interest rate of 12.1 percent that is paid ..

  Compute the internal rate of return on both projects

Compute the internal rate of return on both projects. Compute the profitability index of both projects. Compute the payback period on both projects.

  Debt-equity ratio-what is the value of the total assets

A firm has total debt of $1,540 and a debt-equity ratio of 0.39. What is the value of the total assets?

  Life insurance and an individual universal life policy

Dan and Mary Green are in their mid-30s and have two children, ages 8 and 5. They have combined annual income of $95,000 and own a house in joint tenancy with a market value of $310,000, on which they have a mortgage of $250,000. As their ?nancial pl..

  How much should stock price change

How much should the stock price change (in dollars and percentage)?

  The value of portfolio of treasury bonds

Explain why each of the independent statements below is false. A good explanation should be between two and four sentences for each part. A mutual fund manager is concerned that the value of a portfolio of Treasury Bonds (average maturity = 15 years)..

  Expectations of the trader about the future price of stock

The stock currently trades at $40 in June. An option trader considers the following strategy concerning the stock XYZ. Trader sells one AUG 38 put for $1 and buys a AUG 42 call for 1$. Please construct a figure that depicts the value of the strategy ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd