The Information Below Is Given for the Providence Book Company $\begin{array}{llcc} \text { Providence Book Company } & \\ \text {May 1 - May 31 } &\\\end{array}$

Short Answer

The information below is given for the Providence Book Company: $\begin{array}{llcc} \text { Providence Book Company } & \\ \text {May 1 - May 31 } &\\\end{array}$

$\begin{array}{lll} & \text { Cost } & \text { Retail } \\\hline \text { Beginning Inventory, May 1 } & \$ 165,000 & \$ 200,000 \\\text { Purchases - May } & \$ 550,000 & \$ 625,000 \\\text { Net Sales - May } & \$ 600,000 &\end{array}$
Using this information, calculate the following:
A)Goods available for sale at cost: _________
B)Goods available for sale at retail: _________
C)Cost ratio: (round to nearest tenth of a percent) _________
D)Ending inventory at retail: _________
E)Ending inventory at cost: _________