The original cost of an inventory item is above the replacement cost and the net realizable value. the replacement cost is below the net realizable value less the normal profit margin. as a result, under the lower-of-cost-or-market method, the inventory item should be reported at the . original cost.
b. replacement cost.
c. net realizable value.
d. net realizable value less normal profit margin

D. Net realizable value LESS normal profit margin

Explanation:

Inventories are assets of an entity stocked for the purpose of production, or assets that is being sold in the ordinary course of business, or it can be supplies used in the process of production, it can be materials at some stages of production (work-in-process)

The International Accounting Standard 2 (IAS 2) states that "Inventories are measured at the lower of cost and net realizable value". when the retail technique is used in measuring Inventories, inventory cost is arrived at by deducting percentage gross margin from the selling price.

answer: potomac gold & silver jewelry sells the cheapest make me brainliest and i will be your freind

explanation:

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!