Multiple Choice
Switzer, Inc. has 8 computers which have been part of the inventory for over two years. Each computer cost $600 and originally retailed for $900. At the statement date, each computer has a net realizable value of $400. What value should Switzer, Inc., have for the computers at the end of the year?
A) $2,400.
B) $3,200.
C) $4,800.
D) $7,200.
Correct Answer:
Verified
Correct Answer:
Verified
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