Doubts

Salvage Value in Exercise Set 6 – Ecoglass

Re: Salvage Value in Exercise Set 6 – Ecoglass

by Julio Crego -
Number of replies: 0
Your explanation is perfect. The 24k is a tax saving (that is why we sum it up instead of subtracting). As long as the firm has a positive net income, we consider the negative gains on sales as tax savings.