Question
You are provided with the following information with regards to the ending inventory of an entity: Inventory Item # Cost Net Realizable Value A500 $33756
| You are provided with the following information with regards to the ending inventory of an entity: | ||||
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| ||||
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Inventory Item # |
Cost | Net Realizable Value |
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| A500 | $33756 | $46092 |
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| A550 | 64069 | 47178 |
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| A575 | 46266 | 33659 |
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| At what value will the ending inventory be reported on the balance sheet? | ||||
Select one:
a. $131484
b. $144091
c. $126929
d. $114593
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The Politics Of Public Management The HRDC Audit Of Grants And Contributions
Authors: David A. Good
2nd Edition
0802085873, 978-0802085870
