Question: The designated market value Select one: a. is always the middle value of replacement cost, net realizable value, and net realizable value less a normal

The designated market value

Select one:

a. is always the middle value of replacement cost, net realizable value, and net realizable value less a normal profit margin.

b. should always be equal to net realizable value less a normal profit margin.

c. may sometimes exceed net realizable value.

d. should always be equal to net realizable value.

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