1.

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

A. disposing off a machine/property on as is where is basis.
B. disposing off machine/property, which is no longer useful in the present scenerio.
C. mortgaging the obsolete machine/property.
D. writing off the obsolete machine/ property.
Answer» C. mortgaging the obsolete machine/property.


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