How do you calculate an asset's salvage value?

Author Topic: How do you calculate an asset's salvage value?  (Read 246 times)

Offline 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
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Department of Business Administration
Faculty of Business & Economics
Daffodil International University

Offline 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.

Offline 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

Offline 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

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Offline 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
Assistant Professor & Head
Department of Innovation and Entrepreneurship
Faculty of Business & Entrepreneurship