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A group of inventory items has a cost of $900 and a net realizable value of $950. If the lower of cost of net realizable
A group of inventory items has a cost of $900 and a net realizable value of $950. If the lower of cost of net realizable value rule is applied by group, this group should be reported on the balance sheet at $
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Accounting Information Systems
Authors: James Hall
9th Edition
1305465113, 9781305465114
