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    Intermediate Accounting IFRS
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    Exam 9: Inventories: Additional Issues
  5. Question
    The Average Cost-To-Retail Percentage Is
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The Average Cost-To-Retail Percentage Is

Question 104

Question 104

Multiple Choice

The average cost-to-retail percentage is:


A) 74.5%.
B) 55.6%.
C) 57.4%.
D) 58.7%.55.6%
Cost-to-retail percentage = $155,000 $279,000 = 55.6%

Correct Answer:

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