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When calculating inventory NRV value, you do not reduce it by the the inventory's costs, correct? Ex . Selling price = $ 3 5 Completion

When calculating inventory NRV value, you do not reduce it by the the inventory's costs, correct?

.

Selling price

=

35

Completion and selling costs

=

5

Inventory's cost

=

20

What is the inventory's NRV value?

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