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If a unit of inventory has declined in value below original cost, but the market value exceeds net realizable value, the amount to be used
If a unit of inventory has declined in value below original cost, but the market value exceeds net realizable value, the amount to be used for purposes of inventory valuation is
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| market value. |
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| original cost. |
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| net realizable value less a normal profit margin. |
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| net realizable value. |
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Bank Performance, Risk And Firm Financing
Authors: P. Molyneux
1st Edition
0230313353, 9780230313354
