How To Calculate Scrap Value of an Asset?
In simpler terms, the scrap value is what a company expects to receive in exchange for the sale of the asset after its useful life. After 10 years, the value of the same machinery is determined to be Rs.10,000. The salvage value is also significant when determining the depreciation schedule. How to Calculate Salvage Value? The after tax salvage value online calculator provides us the after-tax value of the salvage of the asset. The car salvage...