SALVAGE VALUE is:

Answer is C.

Definition of 'Salvage Value' The estimated value that an asset will realize upon its sale at the end of its useful life. The value is used in accounting to determine depreciation amounts and in the tax system to determine deductions. The value can be a best guess of the end value or can be determined by a regulatory body such as the IRS.

In its broader sense  all the answers  are true in respect of Salvage value. 

 

Salvage Value: Definition

Estimated Residual value of a Depreciable asset or property at the end of its economical or useful life.  In all methods of determining depreciation (except the double declining balance depreciation method) salvage value is deducted from the asset’s purchase price.  When the cost of an asset less its accumulated depreciation equals its salvage value.

Estimated residual value means:

Estimated present value of after-tax cash flow expected to be earned after the forecast period.

Estimated fair market value of a leased asset at the end of the lease term.

Estimated scrap value of an asset at the end of its economic or useful like.

 

Estimated value of a firm at the point where its owners will earn only the minimum required rate of return.

b) Scrap value or the value to a junk dealer

thanks to all of you. the right answer is C and the key of choosing it "after all depreciation has been deducted from the original cost" which it means the end of its useful life.

c) The amount remaining after all depreciation has been deducted from the original cost of a depreciable asset.

 

Estimated residual value of a depreciable asset or property at the end of its economical or useful life. In all methods for determining depreciation (except the double declining balance depreciation method) salvage value is deducted from the asset's purchase price. When the cost of an asset less its accumulated depreciation equals its salvage value, no more depreciation may be taken.

c) The amount remaining after all depreciation has been deducted from the original cost of a depreciable asset.

Thanks for inviting me.Option C is answer.

a) Realizable value of a fixed asset after deducting costs associated with its sale

Salvage value is:The estimated residual value of an asset at the end of its economical or useful life. salvage value is deducted from the asset's purchase price. When the cost of an asset less its accumulated depreciation equals its salvage value, no more depreciation may be taken.

Answer c is correct