Helo I System Announcements CALCULATOR PRINTER VERSION BACK Multiple Choice Question 113 Carla Vista Sales Company uses the retail inventory method to value its merchandise inventory. The following information is available for the current year: Cost Retail Beginning inventory $37000 Purchases Freight-in Net markups Net markdowns Employee discounts Sales revenue $52000 260000 330000 3200 9200 13500 -1000 275000 If the ending inventory is to be valued at the lower-of-cost-or-market, what is the cost-to-retail ratio? $300200$377700 $300200$391200 $297000 $395500 @ $300200 $382000 Click if you would like to Show Work for this question: Open Show Worlk