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what is recoverable cost, NBV, salvage value?

what is recoverable cost, NBV, salvage value?..

Answer / shankar ganesh c t

NBV = Net Book Value (Cost of the asset)

Salvage Value = If you're going to retire an asset and out
of which you're going to get some monetary value,it is
called salvage value

Recoverable cost = Depreciated Asset cost that you can

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