What is Net Realisable Value?
1.
The price of a sellable item (highest at which it can be sold at) less the cost of bringing it to the point of sale (repairs, delivery etc.)
The computer is worth £X, but repairing it will cost £Y, and delivery costs and admin will be £Z.
Net realisable value is £X-(Y+Z)
Random Words:
1.
Originally a chemistry term for a chemical change, it has been misconstrued to now mean anything.
Father (looking at son's destroy..
1.
1. Used when looking people up, means wouldn't go up to them but if they came up to you, you wouldn't reject them.
2. If they..