Business, 15.04.2020 01:38 madisonrosamond99
Feather Company's inventory is recorded at its historical cost of $100,000. The replacement cost currently is $95,000; estimated selling price $102,000; estimated selling cost is $5,000; normal profit is $10,000. The estimated net realizable value of the inventory is:.
a- $100,000
b- $97,000
c- $87,000
d- $102,000
Answers: 1
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Feather Company's inventory is recorded at its historical cost of $100,000. The replacement cost cur...
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