Accurately​‍​‌‍​‍‌​‍​‌‍​‍‌ valuing your current raw materials, accounts receivable, and finished goods is crucial for small-scale manufacturing enterprises to be able to make financially sound decisions. Net Realizable Value (NRV) and fair value are the two regular techniques that can be used to discover the real worth of your ​‍​‌‍​‍‌​‍​‌‍​‍‌assets. However,​‍​‌‍​‍‌​‍​‌‍​‍‌ when it c... https://www.kanakkupillai.com/learn/net-realisable-value-vs-fair-value/