Purple Haze Machine Shop is considering a four-year project to improve its production efficiency. Buying a new
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Purple Haze Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $582066 is estimated to result in $201532 in annual pretax cost savings. The press falls in the MACRS five-year class, and it will have a salvage value at the end of the project of $103564. The shop's tax rate is 34 percent. What is the after tax salvage value of this asset?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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