Anonymous posted an Question
July 13, 2020 • 06:14 am 105 points
  • UGC NET
  • Management

What is salavage value

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  • Anonymous User best-answer

    Salvage value is the estimated book value of an asset after depreciation is complete, based on what a company expects to receive in exchange for the asset at the end of its useful life. As such, an asset's estimated salvage value is an important component in the calculation of a depreciation schedule

  • Anonymous User Best Answer

    Salvage value is the estimated book value of an asset after depreciation is complete, based on what a company expects to receive in exchange for the asset at the end of its useful life. As such, an asset's estimated salvage value is an important component in the calculation of a depreciation schedule

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