From the following, calculate the cost ratio and the cost of ending inventory to the nearest cent under the retail method. Note: Round the "cost ratio" to the nearest hundredth percent. Round the "cost of ending inventory" to the nearest cent. Net sales at retail for year Beginning inventory-cost Beginning inventory-retail Purchases-cost Purchases-retail Beginning inventory Net purchases Cost of goods available for sale Less net sales at retail Ending inventory at retail Cost ratio Ending inventory at cost $ 36,000 $ 23,000 $ 45,000 $ 13,200 $ 18,200 Cost Retail %

From the following. calculate the cost ratio and the cost of ending inventory to the nearest cent under the retail method. Note: Round the "cost ratio" to the nearest hundredth percent. Round the "cost of ending inventory" to the nearest cent