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Residual value also known as salvage value describes the future value of a good in terms of absolute value in monetary terms after depreciation, and it is sometimes abbreviated into a percentage of the initial price when the item was new. It is one of the constituents of a leasing calculation or operation and is a key concept in accounting. It represents…
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| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Residual value | has treatment | Residual | 0.60 | section |
| Residual value | has treatment | In | 0.60 | section |
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