An estimate of the amount that an asset can be sold for at the end of its useful life is called book value.

Name: An estimate of the amount that an asset can be sold for at the end of its useful life is called book value.
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An estimate of the amount that an asset can be sold for at the end of its useful life is called salvage or residual value. Book value is the value of an asset on the balance sheet, calculated by subtracting accumulated depreciation from the original cost of the asset.

An Estimate of the Amount That an Asset Can Be