Hannah has been selling laptops for $300 each that had a cost of $252.  By year end the net realizable value  of the laptops had fallen to $280.  At what value should the company's inventory of laptops be valued on December 31 of current year? Select one: a. $280 b. $300 c. $252 d. There is insufficient information to ans

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Inventory Accounting

Inventory accounting is that branch of accounting that helps in determining the specific value of assets at different stages of production and development.