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Question 8 of 1 0 rour Answer Best Buy uses the lower - of - cost - or - net realizable value basis for its

Question 8 of 10
rour Answer
Best Buy uses the lower-of-cost-or-net realizable value basis for its inventory. The fol
\table[[,Units,,\table[[Cost],[per Unit]],\table[[Net],[Realizable],[Value],[per Unit]]],[Cameras,,,,],[Minolta,5,$158,$157,],[Canon,7,150,162,],[Light Meters,12,122,114,],[Vivitar,11,122,127,]]
What amount should be reported on Best Buy's financial statements, assuming the low applied?
Total $
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