Switzer, Inc

question 30

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.

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