Net realizable value (NRV) is a method of evaluating an assetâs worth when held in inventory. Net realizable value is generally equal to the selling price of the inventory goods less the selling costs (completion and disposal).
The Intolerable Acts were a series of laws issued by King George III in response to the colonies' Boston Tea Party. The king began taxing products from the colonies, and they were not happy about this. They began to rebel in various ways, the most notable of which was the Boston Tea Party.
The Massachusetts Government Act is one of the Intolerable Acts that lead to dissent in the American colonies and to the creation of the Declaration of Rights and Grievances in 1774. The other Intolerable Acts are the Administration of Justice Act, the Boston Port Act, the Quartering Act, and the Quebec Act.