Retail method A business using the retail method of inventory costing determines that inventory at retail is
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Retail method A business using the retail method of inventory costing determines that inventory at retail is
$775,000. If the ratio of cost to retail price is 66%, what is the amount of inventory to be reported on the financial statements?
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Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
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Related Book For 
Corporate Financial Accounting
ISBN: 9781337398176
15th Edition
Authors: Carl Warren, Jefferson Jones
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