What is a residual value??

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asked Aug 12, 2021 170k views

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FrioneL · Answer 1 · 2021-08-17T05:47:12+0000

Answer:

In accounting, residual value is another name for salvage value, the remaining value of an asset after it has been fully depreciated. The residual value derives its calculation from a base price, calculated after depreciation.

What is a residual value??

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