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- Topic: Help with Capital Budgeting Reading 23 Basic Question #3
| Author | Topic: 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
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
