In a replacement decision, if an old asset sells below its book value

Name: In a replacement decision, if an old asset sells below its book value
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If an old asset sells below its book value, it means that the asset is sold at a loss. The book value of an asset is the original cost of the asset minus any accumulated depreciation. If the asset is sold for less than its book value, it means that the asset has depreciated more than expected, leading to a loss for the company.

In a Replacement Decision, If an Old Asset Sells Below