How do you calculate an asset's salvage value?

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Offline fahmidaemran

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How do you calculate an asset's salvage value?
« on: December 08, 2018, 12:40:15 PM »
How do you calculate an asset's salvage value?
In the calculation of depreciation expense, the salvage value of an asset is an estimated amount, and the estimated amount is often zero. With the common assumption of no salvage value, the entire cost of an asset used in a business will be depreciated over the asset's useful life.







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Fahmida Emran
Lecturer,
Department of Business Administration
Faculty of Business & Economics
Daffodil International University