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Presented below is information related to Bridgeport Company. Cost Retail Beginning inventory $ 59,780 $98,000 Purchases (net) 132,070 196.100 Net markups Net markdowns Sales
Presented below is information related to Bridgeport Company. Cost Retail Beginning inventory $ 59,780 $98,000 Purchases (net) 132,070 196.100 Net markups Net markdowns Sales revenue 11,067 23,589 176,870 Compute the ending inventory at retail. Ending inventory $ Compute a cost-to-retail percentage under the following conditions. (Round ratios to 2 decimal places, e.g. 78.74%) Cost-to-retail percentage % (1) Excluding both markups and markdowns. (2) Excluding markups but including markdowns. % (3) Excluding markdowns but including markups. % (4) Including both markdowns and markups. %
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