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14 When a company determines that the net realizable value of its ending inventory is lower than its cost, what would be the effect(s) of
14 When a company determines that the net realizable value of its ending inventory is lower than its cost, what would be the effect(s) of the adjustment to write down inventory to net realizable value? 02:46:06 Multiple Choice Decrease total assets Decrease net income. Decrease retained earnings. All of these answer choices are correct
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