Chartered Financial Analyst Level 1
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An analyst collects the following data (in € thousands) regarding a manufacturing company's inventory:
- Cost of ending inventory: 750
- Estimated selling price in the ordinary course of business: 1,100
- Estimated costs necessary to sell the inventory: 50
- Estimated costs to prepare the inventory for sale: 50
Based on this information, the net realizable value of the inventory (in € thousands) is:
An analyst collects the following data (in € thousands) regarding a manufacturing company's inventory:
- Cost of ending inventory: 750
- Estimated selling price in the ordinary course of business: 1,100
- Estimated costs necessary to sell the inventory: 50
- Estimated costs to prepare the inventory for sale: 50 Based on this information, the net realizable value of the inventory (in € thousands) is:
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