Lions share inc just bought a 3 million dollar machine that, Ask an Expert

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Lion's share inc just bought a 3 million dollar machine that will be depreciated over its 10 year life using straight line depreciation. The marginal tax rate is 40%. What is Lion Share's after tax salvage value if the machine is sold in year 8 for 400,000

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91610251

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