Should inventory be marked down?
Haley Richardson works for a large retail electronic store, Electronics ‘R Us, and is responsible for handling all aspects of merchandise inventory. Earlier in the year, the store had purchased large quantities of the newest laptop computer, counting on the fact that consumers would be rushing into the store to buy them. What Electronics ‘R Us didn’t know was that the laptops would become obsolete before they were sold. Now, as Haley stares at the laptops sitting on the shelf, she wonders what she should do. What would you do?
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