The amount that a company would receive by selling an asset in orderly markets, minus transaction costs, is called
A) Net realizable value
B) Entry price
C) Liquidation value
D) Value in use

Question

Quizplus · Accepted Answer

Net realizable value is the estimated selling price in the ordinary course of business, minus the estimated costs of completion and the estimated costs necessary to make the sale.

The Amount That a Company Would Receive by Selling an Asset