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Exercise 9-21 Presented below is information related to Swifty Company. Retail Cost $252,942 1,383,000 Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue
Exercise 9-21 Presented below is information related to Swifty Company. Retail Cost $252,942 1,383,000 Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue $281,000 2,119,000 94,300 15,600 33,200 5,000 2,228,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to o decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory method tl
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