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An adjustment to ending inventory under the lower of cost or market/net realizable value (LCM/NRV) rule would be least likely to be recorded by a
An adjustment to ending inventory under the lower of cost or market/net realizable value (LCM/NRV) rule would be least likely to be recorded by a company that sells:
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high-tech goods like cell phones.
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a fad product like Slap Wraps bracelets.
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a household staple like laundry detergent.
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seasonal items like snow blowers.
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