Business, 23.01.2020 03:31 yourmumsanoodle
The original cost of an inventory item is above the replacement cost and the net realizable value. the replacement cost is below the net realizable value less the normal profit margin. as a result, under the lower-of-cost-or-market method, the inventory item should be reported at the . original cost.
b. replacement cost.
c. net realizable value.
d. net realizable value less normal profit margin
Answers: 1
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Business, 23.06.2019 13:00, saltytaetae
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The original cost of an inventory item is above the replacement cost and the net realizable value. t...
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