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Tomm Tomm
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6 years ago
When applying the lower-of-cost-or-net-realizable-value rules to ending inventory valuation, net realizable value generally refers to the cost at which the company could sell a unit of inventory.
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
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ACC 925
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msayed2004msayed2004
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6 years ago
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Tomm Author
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6 years ago
You make an excellent tutor!
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Smart ... Thanks!
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Thanks for your help!!
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