Net Realizable Value less Normal Profit (Floor)
{"Image DocumentName": "Net Realizable Value less Normal Profit (Floor)", "Image ImageDescription": "Lower of Cost or Market. Net Realizable. Value (Ceiling) Replacement. Cost =  Which one do we use? We assume the market value will be replacement cost, as long as it falls between the floor and the ceiling. The ceiling is the selling price,  30, less the cost to complete and sell, four dollars, or  26. The floor is the ceiling of  26, less normal profit of five dollars, or  21. Net Realizable Value less Normal Profit (Floor)", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}