ATP Definition

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ATP is an acronym for After Tax Profit, Accredited Tax Preparer, and possibly more.

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OWNERS EQUITY see SHAREHOLDERS EQUITY.

SALVAGE VALUE is: a) Realizable value of a fixed asset after deducting costs associated with its sale; b) Scrap value or the value to a junk dealer; or c) The amount remaining after all depreciation has been deducted from the original cost of a depreciable asset.

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