Product 1 Product 2 Product 3 Cost $ 31 $ 101 $ 61 Selling price 73 153 103 Costs to sell 11 62 21 Required: What unit values should Herman use for each of its products when applying the lower of cost or net realizable value (LCNRV) rule to ending inventory

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

answernet income for 2017 will be greater if the inventory quantity declines;

a government agency or homeowner.- third choice