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Aftertax Salvage Value Assignment | Homework For You

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June 2nd, 2020

Boston Systems purchased a machine five years ago at a cost of $520,000. The machine is being depreciated using the straight-line method over eight years. The tax rate is 25 percent and the discount rate is 12 percent. If the machine is sold today for $221,000, what will the aftertax salvage value be?Homework For You

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