The expected cash value of an asset at the end of its useful life is known as ________.

Name: The expected cash value of an asset at the end of its useful life is known as ________.
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The expected cash value of an asset at the end of its useful life is known as residual value. Book value is the original cost of an asset minus its accumulated depreciation. Carrying value is the same as book value for financial accounting purposes. Market value is the price an asset would fetch if sold in an open market.

The Expected Cash Value of an Asset at the End