cst6666 · 2024年07月23日

想以这个题为引子问lower of cost and NRV

NO.PZ2024011002000072

问题如下：

A retailer that prepares its financial statements in accordance with IFRS has 100 office chairs in its inventory with a suggested retail price of $240 each.

It paid on average $200 each to a supplier for these chairs.
Demand for office chairs has been low for quite a while and the retailer estimates it can sell those chairs for $180 each if it offers free shipping to its customers at an average cost of $10 per chair.
The supplier has also lowered its price to $160 in response to the low demand.

The total carrying amount of these 100 office chairs on the retailer’s balance sheet would be closest to:

选项：

A.$16,000.00

B.$18,000.00

C.$17,000.00

解释：

IFRS measures inventory at the lower of cost and net realizable value.

Under IFRS, net realizable value (NRV) is defined as the estimated selling price less the estimated costs necessary to get the inventory ready for sale and make the sale:

假如under IFRS，cost 3000

第一年write down to 2600

第二年 write down to 2400

第三年能否 write up to 3000呢？是不是需要nrv大于3000

if nrv 小于3000 大于 2400 我们是不是只能write up to nrv？我其实对于write up上限判断有点模糊

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