Lions share inc just bought a 25 million machine that will, Ask an Expert

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Lion's share Inc. just bought a 2.5 million machine that will be depreciated over its 15 year life using straight line depreciation. The marginal tax rate is 35%. What is Lion's share after tax salvage value if the machine is sold in year 7 for 1.75 million?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91610250

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