Kizspy | Question: 12
(Choose 1 answer)
Three years ago, you purchased a machine for a 3-year project. Today, the project ended and the machine was sold. Which one of the following correctly defines the after-tax salvage value of that machine?
A. Sale price + (Sales price - Book value) * Tax rate
B. Sale price + (Sales price Book value) * (1- Tax rate)
C. Sale price - (Sales price - Book value) * Tax rate
D. Sale price* (1 - Tax rate)
