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Fielding software has an inventory of 2000 software

Fielding Software has an inventory of 2000 software packages with an inventory price of $149 each. Since the development of this software, a competitor has launched a similar product with a retail price of $129.

What value should Fielding Software list their software when recording it in their books: $149 or $129?

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Finance Basics: Fielding software has an inventory of 2000 software

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Finance Basics: Fielding software has an inventory of 2000 software

Reference No:- TGS01572952

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