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Business, 22.11.2019 03:31 HelloPeps

At the end of the year, marline corporation determines that its ending inventory has a cost of $2,000 and a net realizable value of $1,900. what would be the effect of the adjustment to write down inventory to net realizable value?
decrease in net income. increase in net income. increase in cost of ending inventory. no effect on net income or ending inventory.

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