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Instructions What amount should be reported on Best Buy's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? E6.11 (LO 3), AP Starbucks sells

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Instructions What amount should be reported on Best Buy's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? E6.11 (LO 3), AP Starbucks sells coffee beans, which are sensitive to price fluctuations. Suppose the following inventory information is available for this product at December 31, 2025

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