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Is the residual value of the spacecraft nil

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Question - Although Open Safari expects that it could sell the spacecraft for about €10 million at the end of its economic life, to prevent its competitors from gaining access to the unique technology embodied in the spacecraft, it intends instead to destroy the spacecraft. Management estimate the costs of destroying the spacecraft at about €1 million.

Is the residual value of the spacecraft nil?

Reference no: EM131716724

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