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Net Realizable Value (NRV) of Inventory 101

YouTubeMy First Accounting

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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Net realizable value Definition

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