Acefacto Inc., has asked for you to calculate the after-tax salvage value of an asset it...

Transcribed Image Text:

Acefacto Inc., has asked for you to calculate the after-tax salvage value of an asset it plans on using in a construction project. The project will be depreciated straight line to a value of $670,000 at the end of the project's and assets ten year life. Ace's marginal tax rate is 28%. The firm will have to pay $9,137,904 to buy the asset. You have estimated that they could sell the asset for $762,320 to a Brazilian firm at the end of the project. Answer in dollars and cents. Acefacto Inc., has asked for you to calculate the after-tax salvage value of an asset it plans on using in a construction project. The project will be depreciated straight line to a value of $670,000 at the end of the project's and assets ten year life. Ace's marginal tax rate is 28%. The firm will have to pay $9,137,904 to buy the asset. You have estimated that they could sell the asset for $762,320 to a Brazilian firm at the end of the project. Answer in dollars and cents. Acefacto Inc., has asked for you to calculate the after-tax salvage value of an asset it plans on using in a construction project. The project will be depreciated straight line to a value of $670,000 at the end of the project's and assets ten year life. Ace's marginal tax rate is 28%. The firm will have to pay $9,137,904 to buy the asset. You have estimated that they could sell the asset for $762,320 to a Brazilian firm at the end of the project. Answer in dollars and cents. Acefacto Inc., has asked for you to calculate the after-tax salvage value of an asset it plans on using in a construction project. The project will be depreciated straight line to a value of $670,000 at the end of the project's and assets ten year life. Ace's marginal tax rate is 28%. The firm will have to pay $9,137,904 to buy the asset. You have estimated that they could sell the asset for $762,320 to a Brazilian firm at the end of the project. Answer in dollars and cents.

Answer rating: 100% (QA)

To calculate the aftertax salvage value of an asset we follow these steps 1 Determine the assets ini... View the full answer