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Masterlink Co

Question 14

Multiple Choice

Masterlink Co., in applying the lower of cost or market method, reports its inventory at net realizable value. Which of the following statements is correct? Masterlink Co., in applying the lower of cost or market method, reports its inventory at net realizable value. Which of the following statements is correct? A) Option a B) Option b C) Option c D) Option d


A) Option a
B) Option b
C) Option c
D) Option d

Correct Answer:

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