The salvage value of an asset is what the asset is worth at the ...

[vinney12]

The salvage value of an asset is what the asset is worth at the time it is taken out of service.
  Indicate whether the statement is true or false

Question 2

Patrick's Paint Supplies purchased 7,600 worth of easels, canvas, and pallets from their supplier to sell in their store. The invoice for the order showed a trade discount of 45.  The Net Price Factor for this order would be 45.
  Indicate whether the statement is true or false

[abro1885]

Answer to Question 1

TRUE

Answer to Question 2

FALSE