A machine was bought for Rs 1,00,000. The accumulated depreciation is Rs 90,000. It is sold at a scrap value of Rs 16,000. The removal expenses are Rs 1,000, the net working capital release value is...


A machine was bought for Rs 1,00,000. The accumulated depreciation is Rs 90,000. It is sold at a scrap value of Rs 16,000. The removal expenses are Rs 1,000, the net working capital release value is Rs 1,200 and the tax rate is 30%. Compute the net salvage value.



May 05, 2022
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