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Chemical Engineering · Q90

Chemical Engineering Basics

Engineering and GATE · Chemical Engineering · question 90

Q90

Salvage value is the most flexible criteria for analysing a financial investment. 'Salvaging' means

A.
Disposing off a machine/property on as is where is basis
B.
Disposing off machine/property, which is no longer useful in the present scenerio
Answer
C.
Mortgaging the obsolete machine/property
D.
Writing off the obsolete machine/ property

Answer: Option B

Solution

Answer: Option B
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