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Define Net Realisable Value Meaning
Net Realisable Value
The price of a sellable item (highest at which it can be sold at) less the
cost
of bringing it to the point of
sale
(repairs,
delivery
etc.)
The computer is worth £X, but repairing it will cost £Y, and
delivery
costs and
admin
will be £Z.
Net realisable value
is £X-(Y+Z)
By Meghann
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