Business, 21.11.2019 06:31 naomicervero

Masterlink co., in applying the lower of cost or market method, reports its inventory at net realizable value. which of the following statements is correct? question 3 options: a) cost is greater than net realizable value. b) nrv is greater than replacement cost. c) cost is less than nrv minus a normal profit margin. d) cost is less than net realizable value.

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