Net realizable value for damaged or obsolete goods is sales price plus the cost of making the sale.

Name: Net realizable value for damaged or obsolete goods is sales price plus the cost of making the sale.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Net realizable value for damaged or obsolete goods 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.

Net Realizable Value for Damaged or Obsolete Goods Is Sales