10- In a capital project, an old machine, which was purchased at a cost of 600.000 TL 3 years ago and had a useful life of 5 years will be sold now at a price of 300.000 TL. The machine also had a salvage value of X. The company applies accelerated depreciation method. Tax rate is 40%. In order to produce a net disposal cash inflow of 269.472 TL, what should be the X?
10- In a capital project, an old machine, which was purchased at a cost of 600.000 TL 3 years ago and had a useful life of 5 years will be sold now at a price of 300.000 TL. The machine also had a salvage value of X. The company applies accelerated depreciation method. Tax rate is 40%. In order to produce a net disposal cash inflow of 269.472 TL, what should be the X?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![10- In a capital project, an old machine, which was purchased at a cost of
600.000 TL 3 years ago and had a useful life of 5 years will be sold now at a price
of 300.000 TL. The machine also had a salvage value of X. The company applies
accelerated depreciation method. Tax rate is 40%. In order to produce a net
disposal cash inflow of 269.472 TL, what should be the X?
60.000 TL
80.000 TL
100.000 TL
120.000 TL](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F818f2a69-2afe-4e9e-9aa7-7b50ec9cfdde%2Fb7b0bcac-2877-4888-a170-6130dd875cd3%2Fj7s7ip_processed.png&w=3840&q=75)
Transcribed Image Text:10- In a capital project, an old machine, which was purchased at a cost of
600.000 TL 3 years ago and had a useful life of 5 years will be sold now at a price
of 300.000 TL. The machine also had a salvage value of X. The company applies
accelerated depreciation method. Tax rate is 40%. In order to produce a net
disposal cash inflow of 269.472 TL, what should be the X?
60.000 TL
80.000 TL
100.000 TL
120.000 TL
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