04-26-2004, 06:12 PM
NRV = Net Realizable Value.
NRV is the estimated selling price in the ordinary course of business less any cost which is necessary to be incurred in order to make the sale (eg. marketing expenses).
SMR
NRV is the estimated selling price in the ordinary course of business less any cost which is necessary to be incurred in order to make the sale (eg. marketing expenses).
SMR