For example, Australian aborigines have relatively long legs for their height -- often longer than their upper bodies. Few studies have compared arm length to leg length. More research has been conducted on the correlation between arm span, which includes chest diameter, and height.
Definition: Net realizable value is the estimated selling price of inventory, minus its estimated cost of completion and any estimated cost to complete its sale. Thus, it is the net amount realized from the sale of inventory. Net realizable value does not necessarily equal fair value. Net realizable value is one of the valuations used in the lower of cost or market rule, which is designed to keep an business from overstating the value of its inventory. Copyright 2015, All Rights Reserved.
What is the difference between Present Value (PV) and Net Present Value (NPV)? Present value is the result of discounting future amounts to the present. For example, a cash amount of $10,000 received at the end of 5 years will have a present value of $6,210 if the future amount is discounted at 10% compounded annually. Net present value is the present value of the cash inflows minus the present value of the cash outflows. For example, let's assume that an investment of $5,000 today will result in one cash receipt of $10,000 at the end of 5 years.