The garrison Company now has $12,000 of obsolete inventory stock. This inventory could be sold for $5,000, or modified for $6,000 and sold for $15,000. The change in the company\'s net income resulting from modifying the inventory and then selling it opposed to selling it as is would be:

A) $3,000 decrease
B) $4,000 increase
C) $7,000 increase
D) $9,000 increase

Answer rating: 100% (QA)

If garrison company sold for 5000 loss is 12000 5000 7000 If modified the ... View the full answer