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Question 5 of 28 - /4 E View Policies Current Attempt in Progress Sheridan Company has old inventory on hand that cost $13000. Its scrap
Question 5 of 28 - /4 E View Policies Current Attempt in Progress Sheridan Company has old inventory on hand that cost $13000. Its scrap value is $20000. The inventory could be sold for $45000 if manufactured further at an additional cost of $13000. What should Sheridan do? Sell the inventory for $20000 scrap value O Manufacture further and sell it for $45000 Dispose of the inventory to avoid any further decline in value O Hold the inventory at its $20000 cost
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