An asset's residual value is . (Check all that apply.) Multiple select question. equal to its accumulated depreciation the estimated amount it can be sold for at the end of its useful life its cost plus any costs to install it and place it in service its cost minus its accumulated depreciation the same as its salvage value

You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase