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Cost-to-retail ratio under the cost method is calculated: A. B. C. D. After both markups (net) and markdowns (net) After markdowns (net) and before markups

Cost-to-retail ratio under the cost method is calculated: A. B. C. D. After both markups (net) and markdowns (net) After markdowns (net) and before markups (net) After markups (net) and before markdowns (net) Before both markups (net) and markdowns (net)

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