Concept:A fixed asset's worth after it has been fully used up over its working life is known as its scrap value.
Explanation:Over time, a fixed asset is used in business operations and gradually loses value because of wear and tear.
This loss in value is called depreciation.
Depreciation is calculated over the asset's useful life so that its cost is spread across the periods that benefit from it.
At the end of the asset's useful life, the amount it can still be sold for or exchanged for is the salvage value, also called residual or scrap value.
Salvage value is not the same as depreciation, because depreciation is the decrease in value, not the remaining value.
Annual depreciation is only one year's share of the loss.
Appreciation means an increase in value, which is not correct for an asset that is being used up.
Therefore, the price of a fixed asset at the end of its useful life is its salvage value.
Answer:A. salvage value