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No need to show work or explanation . Just give me the correct answer. The cost ratio in the retail method is found by the
No need to show work or explanation . Just give me the correct answer.
The cost ratio in the retail method is found by the cost of goods available for sale at cost divided by the ending inventory at retail. net sales. net purchases at cost. cost of goods available for sale at retail. What is the retail method? It's not an estimate. It aids a company in not having to calculate an inventory cost for each individual item. It doesn't require a cost ratio. It eliminates the need to take a physical inventory. A bond quote of 82.25 in dollars is equal toStep by Step Solution
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