This makes the net realizable value $4.20 (selling price of $5.00 less $0.80 of cost to complete and dispose). Net realizable value is a key component in determining market in the lower of cost or market rule.
Scotch-Irish (or Scots-Irish) Americans are American descendants of Presbyterian and other Ulster Protestant Dissenters from the Irish province of Ulster who migrated to North America during the 18th and 19th centuries.ost Scotch-Irish headed for Pennsylvania, with its good lands, moderate climate, and liberal laws. By 1750, the Scotch-Irish were about a fourth of the population, rising to about a third by the 1770s.
At the Battle of Lexington (April 19, 1775), 174 Irish were present. At the Battle of Bunker Hill (June 17, 1775), 698 Irish were present. A prominent American, Joseph Galloway, also an English Tory told the English House of Commons, on October 27, 1779, that one-half of Washingtonâs Continental Army was Irish.