Question: Current Attempt in Progress When valuing raw materials inventory at lower - of - cost - or - market, what is the meaning of the

Current Attempt in Progress
When valuing raw materials inventory at lower-of-cost-or-market, what is the meaning of the term "market"?
Discounted present value
Replacement cost, net realizable value, or net realizable value less a normal profit margin
Net realizable value less a normal profit margin
Net realizable value
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Current Attempt in Progress When valuing raw

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