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jasonm
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Just to clarify, ‘Value’ means either what it cost the business to purchase or its depreciated value. ‘Value’ does not refer to the potential sale price, and there should be a substantial difference between these two…..commonly known as gross profit.

So if its a sock store that has 10000 pairs socks in stock purchased for a dollar each with a retail price of $5. The SAV is $10,000 (or less) not $50,000

– Jason