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Net Realizable Value (NRV) of Inventory 101
Net Realizable Value (NRV) of Inventory is measured as the estimated selling price less estimated costs of completion and selling. NRV = (1) - (2) - (3). Where, (1) = Estimated Selling Price, (2) = Estimated Cost of Completion, (3) = Estimated Cost of Selling or Disposal. #Financial Accounting #Finance #Financial Statement Analysis #Earnings # ...
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