Chemical Engineering - Chemical Engineering Basics - Discussion

Discussion Forum : Chemical Engineering Basics - Section 4 (Q.No. 19)

Chemical Engineering Basics

19.

Salvage value is the most flexible criteria for analysing a financial investment. 'Salvaging' means

disposing off a machine/property on as is where is basis.

disposing off machine/property, which is no longer useful in the present scenerio.

mortgaging the obsolete machine/property.

writing off the obsolete machine/ property.

Answer: Option

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