Solved

Nugyen Co Purchased Goods for $3500

Question 3

Multiple Choice

Nugyen Co purchased goods for $3500. While on display, the goods were damaged and it is estimated that they can now only be sold for $2000. Additional marketing and distribution costs are $100. The net realisable value of the goods is:


A) $1900.
B) $2000.
C) $3500.
D) $3400.

Correct Answer:

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