Business
Business, 15.12.2020 15:00, arteria3

Blossom Company developed the following information about its inventories in applying the lower-of-cost-or-net-realizable-val ue(LCNRV) basis in valuing inventories: Product Cost Market A $135000 $142000 B 94000 90000 C 189000 191000 After Blossom Company applies the LCNRV rule, the value of the inventory reported on the balance sheet would be

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