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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 $ aest Buy uses lowerof-cost-or-net realizable

image text in transcribed What amount should be reported on Best Buy's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? Total \$

aest Buy uses lowerof-cost-or-net realizable vell_ Oasis for its inventory. TNefoIIcwing deta are available at December 31. Units per unit 5158 Realizable Value per Unit Siss Mirdta Light Meters Viviter Whet amounts'-auld be repotted on Best guy's financial statements. assumingthe lower-of

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