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D Question 16 2 pts Canon Company uses the conventional retail inventory method. Cost Retail Beginning Inventory $10233 $20,172 Net Purchases $50000 $92,609 Freight-In $2355
D Question 16 2 pts Canon Company uses the conventional retail inventory method. Cost Retail Beginning Inventory $10233 $20,172 Net Purchases $50000 $92,609 Freight-In $2355 Net Markups $13,486 Net Markdowns $2,887 Spoilage $300 Theft $1,647 Employee Discounts $645 Sales $50000 What is the value of ending inventory at retail? Do not round your cost to retail ratio - leave all the decimals in your calculator or excel model. Round your final answer to the nearest whole number
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