AuthorTopic: Help with Capital Budgeting Reading 23 Basic Question #3
ericas
@2015-09-11 13:48:51		 Hi,
I am trying to figure out how $33,000 is the answer for Terminal Year. I get $21,000.
Salvage = $30K
Tax = 30%
Book Value = 0

So, $30k - .30(30-0) = 21K

I cannot figure out what I am missing

CFA Discussion Topic: Help with Capital Budgeting Reading 23 Basic Question #3

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Lina