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A corporation purchased a machine for $60,000 five years ago. It had an estimated life of 10 years and an estimated salvage value of $9,000. The current BV of this machine is $34,500. If the current MV of the machine Is $40,500 and the effective income tax rate is 29%, what is the after-tax investment value of the machine? Use the outsider viewpoint.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91234476

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