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The Following Information Is Available for the Past Month for a Retail

Question 50

Multiple Choice

The following information is available for the past month for a retail store: The following information is available for the past month for a retail store: What is the ending inventory at cost using the conventional retail method? (Round cost-to-retail ratios to four decimal places.) A) $31,853 B) $33,292 C) $27,000 D) $75,000 What is the ending inventory at cost using the conventional retail method? (Round cost-to-retail ratios to four decimal places.)


A) $31,853
B) $33,292
C) $27,000
D) $75,000

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