a-company-has-inventory-with-a-cost-of-150000-the-replacement-cost-is-140000-and

Question

A company has inventory with a cost of $$150,000. The replacement cost is 140$$,000, and the net realizable value is $145,000. What is the inventory value under IFRS?

Accepted Answer

$145,000

Answer

$140,000

Answer

$135,000

Answer

$150,000

A company has inventory with a cost of \$150,000. The replacement cost is \$140,000, and the net realizable value is \$145,000. What is the inventory value under IFRS?