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Salvage value is the estimated book value of an asset after depreciation is complete, based on what a company expects to receive in exchange for the asset at the end of its useful life. As such, an asset’s estimated salvage value is an important component in the calculation of a depreciation schedule.
Salvage value is the estimated amount that an asset Net Identifiable Assets Net Identifiable Assets consist of assets acquired from a company whose value can be measured, used in M&A for Goodwill and Purchase Price Allocation PPA is worth at the end of its useful life.
Salvage value is the estimated resale value of an asset at the end of its useful life. It is subtracted from the cost of a fixed asset to determine the amount of the asset cost that will be depreciated. Thus, salvage value is used as a component of the depreciation calculation.
The definition of salvage value is the resale value of an item at the end of its useful life. The salvage value of a car is calculated by determining the average life of your vehicle, then factoring in depreciation of that car.
Salvage value is the amount for which the asset can be sold at the end of its useful life. For example, if a construction company can sell an inoperable crane for parts at a price of $5,000, that ...
Salvage value is a tool used in accounting to estimate the value that a tangible asset can be sold for when it has reached the end of its useful life—in short, what the asset can be salvaged for ...
Resource recovery is using wastes as an input material to create valuable products as new outputs. The aim is to reduce the amount of waste generated, therefore reducing the need for landfill space and also extracting maximum value from waste. Resource recovery delays the need to use raw materials in the manufacturing process. Materials found in municipal solid waste can be used to make new products. Plastic, paper, aluminium, glass and metal are examples of where value can be found in waste. Resource recovery goes further than just the management of waste. Life-cycle analysis (LCA) can be used to compare the resource recovery potential of different treatment technologies. Improvements to administration, source separation and collection, reuse and recycling are important. For example, organic materials can be treated with anaerobic digestion and turned into energy, compost or fertilizer. Resource recovery can also be an aim in the context of sanitation. Here, the term refers to approaches to recover the resources that are contained in wastewater and human excreta (urine and feces). The term "toilet resources" has come into use recently. Those resources include: nutrients (nitrogen and phosphorus), organic matter, energy and water. This concept is also referred to as ecological sanitation. Separation of waste flows can help make resource recovery simpler. Examples include keeping urine separate from feces (as in urine diversion toilets) and keeping greywater and blackwater separate in municipal wastewater systems.
Cultural heritage management (CHM) is the vocation and practice of managing cultural heritage. It is a branch of cultural resources management (CRM), although it also draws on the practices of cultural conservation, restoration, museology, archaeology, history and architecture. While the term cultural heritage is generally used in Europe, in the USA the term cultural resources is in more general use specifically referring to cultural heritage resources. CHM has traditionally been concerned with the identification, interpretation, maintenance, and preservation of significant cultural sites and physical heritage assets, although intangible aspects of heritage, such as traditional skills, cultures and languages are also considered. The subject typically receives most attention, and resources, in the face of threat, where the focus is often upon rescue or salvage archaeology. Possible threats include urban development, large-scale agriculture, mining activity, looting, erosion or unsustainable visitor numbers.
Upcycling, also known as creative reuse, is the process of transforming by-products, waste materials, useless, or unwanted products into new materials or products of better quality or for better environmental value. Upcycling is the opposite of downcycling, which is the other face of the recycling process. Downcycling involves converting materials and products into new materials of lesser quality. Most recycling involves converting or extracting useful materials from a product and creating a different product or material. The term downcycling was first used in print in an article in SalvoNEWS by Thornton Kay quoting Reiner Pilz and published in 1994. Upsizing was the title of the German edition of a book about upcycling first published in English in 1998 by Gunter Pauli and given the revised title of Upcycling in 1999. The German edition was adapted to the German language and culture by Johannes F. Hartkemeyer, then Director of the Volkshochschule in Osnabrück. The concept was later incorporated by William McDonough and Michael Braungart in their 2002 book Cradle to Cradle: Remaking the Way We Make Things.