Net salvage value, Allen Air Lines must liquidate some

Net salvage value

Assignment Help Financial Management

Reference no: EM131328531

Net Salvage Value

Allen Air Lines must liquidate some equipment that is being replaced. The equipment originally cost $22 million, of which 85% has been depreciated. The used equipment can be sold today for $5.5 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.

Reference no: EM131328531

Questions Cloud

Which pricing strategies have you noticed : Identify an example of each of the following: odd-even pricing, prestige pricing, price bundling, and captive pricing - Which pricing strategies have you noticed when you shop?

About the initial investment outlay : Talbot Industries is considering launching a new product. The new manufacturing equipment will cost $17 million, and production and sales will require an initial $5 million investment in net operating working capital. The company's tax rate is 40%. W..

Identify two or more wellness nursing diagnoses : Identify two or more wellness nursing diagnoses based on your family assessment. Wellness and family nursing diagnoses are different than standard nursing diagnoses

What is the return on equity for each firm : FIN 534- What is the return on equity for each firm if the interest rate on current liabilities is12% and the rate on long-term debt is 15%? Would the firm's break-even point increase or decrease if it made the change?

Net salvage value : Allen Air Lines must liquidate some equipment that is being replaced. The equipment originally cost $22 million, of which 85% has been depreciated. The used equipment can be sold today for $5.5 million, and its tax rate is 35%. What is the equipment'..

Identity the supply chain process of anti retro virus drugs : Identity the supply chain process of anti retro virus drugs by NACO of GOVT OF INDIA With its comparable to planning framework and enables with four different head

Discuss about the problems and difficulties with air travel : Discuss about the Problems and Difficulties with Air Travel.Share an experience you have had relating to problems or difficulties with air travel. What have you learned about FAA's plans to upgrade the system that might address this problem?

Why is a diverse campus important to you : Identify a few dimensions of diversity that you feel make up your identity. Keeping these dimensions in mind, what do you bring to the diversity of our UT community? Provide examples of experiences to illustrate your answer.

Review the article-formulating the evidence based practice : Review the article, "Formulating the Evidence Based Practice Question: A Review of the Frameworks," found in the Learning Resources for this week. Focus on the PICOT model for guiding the development of research questions

User Account

All Pages