Multiple Choice
Paulson, Inc.has 5 computers which have been part of the inventory for over two years.Each computer cost ₤600 and originally retailed for ₤825.At the statement date, each computer has a net realizable value of ₤350.What value should Paulson, Inc., have for the computers at the end of the year?
A) ₤1,250.
B) ₤1,750.
C) ₤3,000.
D) $4,125.
Correct Answer:
Verified
Correct Answer:
Verified
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