Switzer, inc. has 8 computers which have been part of the inventory for over two years. each computer cost $600 and originally retailed for $900. at the statement date, each computer has a current replacement cost of $400. what value should switzer, inc., have for the computers at the end of the year?

Switzer Inc. should give the value of the computers at what they are currently worth to replace. After the two years, they now cost $400 to replace them so the value Switzer Inc. should place on their year end report is $400 due to that being the cost to replace in current day.

I think book

Explanation:

it seem like teacher is modifying book if not the I think teacher