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Shows Inc. has obsolete inventory that originally cost $79600. The inventory could be sold for $27000 as-is, or could be modified at a cost of
Shows Inc. has obsolete inventory that originally cost $79600. The inventory could be sold for $27000 as-is, or could be modified at a cost of $3000 and be sold for $35000.
What is the financial advantage (disadvantage) of modifying the inventory rather than selling it as-is?
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