How do you calculate an asset's salvage value?

### Author Topic: How do you calculate an asset's salvage value?  (Read 240 times)

#### fahmidaemran

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##### How do you calculate an asset's salvage value?
« on: December 08, 2018, 12:41:13 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.

Source: https://www.accountingcoach.com/blog/calculate-salvage-value
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Fahmida Emran
Lecturer,
Daffodil International University

#### Md. Al-Amin

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##### Re: How do you calculate an asset's salvage value?
« Reply #1 on: December 08, 2018, 12:57:49 PM »
Nice post.

#### munna99185

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##### Re: How do you calculate an asset's salvage value?
« Reply #2 on: March 23, 2019, 06:11:36 PM »
The salvage value is also known as 'residual value'.

Sayed Farrukh Ahmed

#### Anhar Sharif

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##### Re: How do you calculate an asset's salvage value?
« Reply #3 on: March 25, 2019, 09:24:48 AM »
Scrap value as well
Md Anhar Sharif Mollah

Assistant Professor of Finance

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Assistant Proctor

Daffodil International University

Cell: +8801758883609

#### kamruzzaman.bba

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##### Re: How do you calculate an asset's salvage value?
« Reply #4 on: March 26, 2019, 03:46:31 PM »
Thanks
Md. Kamruzzaman Didar