Examlex
Asher is using the Internet to search for information on a report he is doing on the rainforest. Asher uses a(n) ____ search to find information on rainforest plants he is not sure how to spell.
Inventory Valuation
The method of calculating the cost of goods available for sale and determining the end inventory balance.
Net Realizable Value
The estimated selling price of goods, minus the costs of their completion and costs necessary to make the sale.
Market Value
Market value is the current price at which an asset or service can be bought or sold in a marketplace.
Ending Inventory
The total value of all merchandise or goods held by a company at the end of an accounting period, which has not been sold.
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