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gOOvER gOOvER
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6 years ago
When applying the lower-of-cost-and-net-realizable-value rule to ending inventory valuation, net realizable value generally refers to the company's expected selling price for its inventory net of any selling costs.
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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
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raovatallpyraovatallpy
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this is exactly what I needed
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