Amigo gas co is selling off some old equipment it no longer, Ask an Expert

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Amigo Gas Co. is selling off some old equipment it no longer needs because its associated project has come to an end. The equipment originally cost $27,500, of which 75% has been depreciated. The firm can sell the used equipment today for $5,000, and its tax rate is 30%. What is the equipment's after-tax salvage value for use in a capital budgeting analysis?

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Financial Management, Finance

Category:- Financial Management
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