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helpppp From the following. calculate the cost ratio and the cost of ending inventory to the nearest cent under the retail method. (Round the cost

helpppp

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From the following. calculate the cost ratio and the cost of ending inventory to the nearest cent under the retail method. (Round the "cost ratlo" to the nearest hundredth percent. Round the "cost of ending Inventory" to the nearest cent.) Net sales at retail for year $ 39,509 Beginning inventory-cost $ 26,509 Beginning inventory-retail $ 48, 508 Purchases-cost $ 13,909 Purchases-retail $ 18,998 Cost 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

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