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Harlingen Store Uses the Retail Method and Has the Following

Question 118

Essay

Harlingen Store uses the retail method and has the following information available concerning their most recent accounting period: Harlingen Store uses the retail method and has the following information available concerning their most recent accounting period: (1)What is the cost ratio using the retail method? (2)What is the estimated cost of the ending inventory? (1)What is the cost ratio using the retail method?
(2)What is the estimated cost of the ending inventory?

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