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I found some same questions in chegg, but all of them are different answers. So, I want you to help out with this questions. 14.
I found some same questions in chegg, but all of them are different answers. So, I want you to help out with this questions.
14. Utilize the following figures to calculate: a. The closing book inventory at retail. b. The cost value of this closing book inventory. c. The cumulative markup percentage on merchandise handled. Cost Retail $390,500 $890,000 $3,800 $1,562,000 $3,000,000 $12,000 Opening inventory Gross purchases Returns to vendors Freight Net sales $3,260 $517,000 Customer returns $25,000 $193,000 Markdowns Step by Step Solution
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