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Many current assets are not shown at historic cost in the financial statements. For example, inventories are usually shown at the lower of cost or
Many current assets are not shown at historic cost in the financial statements. For example, inventories are usually shown at the lower of cost or market. What concepts or conventions warrant this practice?
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Mathematics Of Finance An Intuitive Introduction
Authors: Donald G. Saari
1st Edition
3030254429, 978-3030254421
