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Exercise 9-21 Presented below is information related to Stellar Company. Cost Retail Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue $374,710 $283,000

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Exercise 9-21 Presented below is information related to Stellar Company. Cost Retail Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue $374,710 $283,000 1,393,000 2,165,000 93,800 16,500 37,300 4,500 2,181,000 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, eg. 28,987.) Ending inventory using conventional retail inventory methods Question Attempts: 0 of 3 used SAVE FOR LATER

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