Very often the book value of the equipment is zero as it is in this case. If the book value is zero, the equation for the aftertax salvage value becom
{"Image DocumentName": "Very often the book value of the equipment is zero as it is in this case. If the book value is zero, the equation for the aftertax salvage value becomes:", "Image ImageDescription": "Aftertax salvage value = MV + (0 \u2013 MV)tc. Aftertax salvage value = MV(1 \u2013 tc) We will use this equation to find the aftertax salvage value since we know the book value is zero. So, the aftertax salvage value is: Aftertax salvage value =  60,000(1 \u2013 0.34) Aftertax salvage value =  39,600.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}