Examlex
Technician A says a fixed rotor has an integral hub inside which the wheel bearings are mounted. Technician B says a floating rotor is less expensive than a fixed rotor and can be replaced easily and economically. Who is correct?
Net Realizable Value
The estimated selling price in the ordinary course of business minus the estimated costs of completion and the necessary costs to make the sale.
Replacement Cost
The current cost of replacing an asset with a similar new asset.
Working Capital
The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the company.
Physical Inventory
An actual count of all merchandise or stock on hand, conducted periodically to ensure the accuracy of inventory records.
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