A company with a Tax Rate of 21% is going to sell a fixed asset with a Book Value of $234,000 for a Market Value of $212,000. What is the Net Salvage Value? Multiple Choice $207,380 None of the above $216,620 $202,430 $229,380

A company with a Tax Rate of 21% is going to sell a fixed asset with a Book Value of $234,000 for a Market Value of $212,000. What is the Net Salvage Value? Multiple Choice $207,380 None of the above $216,620 $202,430 $229,380

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter10: Project Cash Flows And Risk

Section: Chapter Questions

Problem 9PROB

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A company with a Tax Rate of 21% is going to sell a fixed asset with a Book Value of $234,000 for a Market Value of $212,000. What is the Net Salvage Value?

Multiple Choice

$207,380
None of the above
$216,620
$202,430
$229,380

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