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Assume Ella Inc. sells two types of shoes. Shoe type A has a cost of $30 and a net realizable value of $25. Shoe type

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Assume Ella Inc. sells two types of shoes. Shoe type A has a cost of $30 and a net realizable value of $25. Shoe type B has a cost of $20 and a net realizable value of $25. Using the individual basis, the lower of cost and net realizable value would equal a. $55 b. $40 c. $50 d. $45 CLEAR MY CHOICE

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