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Best Buy uses the lower-of cost co-riet realizatle value basis forits inventory. The following data are available at December 31 What amaunt should be reported

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Best Buy uses the lower-of cost co-riet realizatle value basis forits inventory. The following data are available at December 31 What amaunt should be reported on Best Buy sfinanciaistatements aspumine the lower of cost-orunt realizable value rule is applied

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