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Walmart Inc. is an American multinational corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Walmart applies the lower of

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Walmart Inc. is an American multinational corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Walmart applies the lower of cost or net realizable valuation to individual products and has collected the following data Selling price Product Al $ 95 Product B $120 Product C $75 70 75 20 B Cost Costs to sell 65 15 Determine the Walmart's adjusted inventory book value for Products A, B, and C. Product NRV Cost Inventory Value ABC

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