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What amount should be reported on Best Buy's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? Total $ Best Buy the realizable value
Best Buy the realizable value basis for its inventory. The following data are available at December 31. Units Minolta Canon Light Meters Vivitar Kodak per unit Slea Realizable Value $147 What amount should be reported on Best Buys financial statements. assuming the lower-of-cost-or-net realizable value rule is applied? Total
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