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Accounting > Salvage Value
The following information is about Salvage Value.
Salvage Value Defined
is: a) Realizable value of a fixed asset after deducting costs associated with its sale; b) Scrap value or the value to a junk dealer; or c) The amount remaining after all depreciation has been deducted from the original cost of a depreciable asset.
This definition is in context to Accounting. See more contextual defintions for Salvage Value.
DEAL ON THE ROCKS: BCE FAILS KEY TEST
Published November 27, 2008, 12:57 am, The Globe and Mail
TORONTO, NEW YORK -- Shortly after markets closed on Tuesday, a team of auditors in KPMG's Toronto offices ushered a trio of BCE Inc. executives into a meeting room to advise them that the world's largest leveraged takeover had effectively been killed. The culprit?
How a tiny clause spelled the end of the biggest deal
Published November 26, 2008, 6:05 pm, The Globe and Mail
BCE market value drops $10-billion after auditor says deal can't proceed
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