8 min read
How to Calculate Net Realizable Value: A Guide for Non-Accountants
8 min readNet Realizable Value (NRV) is a key accounting method used to determine the actual value of an asset, especially inventory and accounts receivables. By considering factors like selling price and potential costs, NRV provides a more realistic view of an asset’s worth. Calculating NRV involves a simple formula: subtracting estimated selling costs from […]Continue reading "How to Calculate Net Realizable Value: A Guide for Non-Accountants"