Question
Exercise 9-19 Incorrect answer. Your answer is incorrect. Try again. Presented below is information related to Ricky Henderson Company. Cost Retail Beginning inventory $ 90,602
Exercise 9-19 Incorrect answer. Your answer is incorrect. Try again. Presented below is information related to Ricky Henderson Company. Cost Retail Beginning inventory $ 90,602 $ 290,700 Purchases 1,470,000 2,145,000 Markups 96,900 Markup cancellations 15,500 Markdowns 36,200 Markdown cancellations 5,100 Sales revenue 2,305,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory method $Entry field with incorrect answer now contains modified data $124,062
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