Matshall-miller amp company is considering the purchase of, Ask an Expert

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Matshall-Miller & Company is considering the purchase of a new machine for $50,000, installed. The machine has a taxi life of five years, and can be depreciated according to the following rates. The firm expects to operate the machine for four years and then sell it for $12,500. If the marginal tax rate is 40%, what will the after-tax salvage value be when the machine is sold at the end of year for?

Year. 1. 2. 3. 4. 5. 6

Depreciation rate. 0.2 0.32 0.19 0.12 0.11 0.06

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92787390

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