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Business, 03.12.2019 17:31 olivasm5626

Linden company has three inventory items. utilizing the lower of cost and net realizable value rule, linden determines the following: item a: cost exceeds net realizable value by $20 item b: cost is $10 lower than net realizable value item c, cost is $5 lower than net realizable value. if linden applies the rule to individual items, it should recognize a loss .$5
b.$20
c.$15

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Linden company has three inventory items. utilizing the lower of cost and net realizable value rule,...

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