An equipment's with 5 years useful life is with initial cost of $1,000,000. After 5 years, the equipment's useful life will be The equipment's value will be depreciated linealy. Tax rate = 20% . What is the after tax residual value of this equipment at the end of 4th year if the equipment was sold at 2,000. $ 18200 $ 25700 $20300 $41600

An equipment's with 5 years useful life is with initial cost of $1,000,000. After 5 years, the equipment's useful life will be The equipment's value will be depreciated linealy. Tax rate = 20% . What is the after tax residual value of this equipment at the end of 4th year if the equipment was sold at 2,000. $ 18200 $ 25700 $20300 $41600

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter13: Capital Budgeting: Estimating Cash Flows And Analyzing Risk

Section: Chapter Questions

Problem 3P

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