Residual Value
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Definition
Residual value means the proceeds (less removal and disposal costs, if any) realized upon disposition of a tangible capital asset. It usually is measured by the net proceeds from the sale or other disposition of the asset, or its fair value if the asset is traded in on another asset. The estimated residual value is a current forecast of the residual value[1].
Regulations
Cost Accounting Standards 409 - Depreciation of Tangible Capital Assets
Related Pages
CAS 409 - Depreciation of Tangible Capital Assets
References
- ↑ 9904.409-30 Definitions.
