Avanti Co purchased inventory for $700.While on display the goods were damaged and made nearly worthless.It is determined that the goods can be sold at auction for $65 with the auctioneer taking $10 of that amount for his fee.The net realisable value of the goods is $_______.

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The Answer of Avanti Co purchased inventory for $700.While on display the goods were damaged and made nearly worthless.It is determined that the goods can be sold at auction for $65 with the auctioneer taking $10 of that amount for his fee.The net realisable value of the goods is $_______.

Avanti Co Purchased Inventory for $700