Multiple Choice
Novice Co purchased goods for $2500. While on display, the goods were damaged and it is estimated that they can now only be sold for $1800. Additional marketing and distribution costs are $200. The net realisable value of the goods is:
A) $700.
B) $500.
C) $1600.
D) $2300.
Correct Answer:
Verified
Correct Answer:
Verified
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