Allen air lines must liquidate some equipment that is being replaced. the equipment originally cost $25 million, of which 70% has been depreciated. the used equipment can be sold today for $8.75 million, and its tax rate is 35%. what is the equipment's after-tax net salvage value? write out your answer completely. for example, 2 million should be entered as 2,000,000.

Question

Business

Porter Cummings

3 May, 21:56

Allen air lines must liquidate some equipment that is being replaced. the equipment originally cost $25 million, of which 70% has been depreciated. the used equipment can be sold today for $8.75 million, and its tax rate is 35%. what is the equipment's after-tax net salvage value? write out your answer completely. for example, 2 million should be entered as 2,000,000.

+3

Answers (1)

Know the Answer?

Jonathan Rubio · Answer 1

There are many benefits to using folders when working with lots of files. Here are a few examples:

- You can use folders to sort your files by type, almost like drawers in a desk, so you might have folders for Music, Photographs, Documents, etc.

- You can use folders to group files together into a specific group. For example in your Photographs folder you might have a folder titled BirthdayPhotographs for all the photographs from your birthday.

- As in the example above you can nest folders to create sub-categories. Documents might include folders for Homework, Stories, Poems

- Folders can have different permissions applied to them, allowing you to keep personal files in a private folder only you can access, or secret files in a folder that doesn't show up in the normal list of folders!