Business, 23.12.2021 07:50, SushiMagic

Abel Company must write-down its inventory by $30,000 to the net realizable value of $450,000 at December 31, the current year-end. What is the effect of this writedown on the current year financial statements

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Abel Company must write-down its inventory by $30,000 to the net realizable value of $450,000 at Dec...