Salvage Value in Financial Accounting Formulas

Salvage Value refers to the estimated residual worth of an asset at the end of its useful life. And is denoted by SV.

Financial Accounting formulas that make use of Salvage Value

fxDouble Declining Balance MethodGo

What is the Salvage Value?

Salvage Value refers to the estimated residual worth of an asset at the end of its useful life.

Can the Salvage Value be negative?

{YesorNo}, the Salvage Value, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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