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Question 22

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Use the following information to answer questions
Andrews Company uses the retail inventory method to value its merchandise inventory. The following information is available: Use the following information to answer questions Andrews Company uses the retail inventory method to value its merchandise inventory. The following information is available: -What is the cost-to-retail percentage? (Round to the nearest percentage.) A) 50% B) 60% C) 62% D) 64% E) 74%
-What is the cost-to-retail percentage? (Round to the nearest percentage.)


A) 50%
B) 60%
C) 62%
D) 64%
E) 74%

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