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Presented below is information related to Splish Company. Cost $ 201,049 1,388,000 Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue Retail $278,000
Presented below is information related to Splish Company. Cost $ 201,049 1,388,000 Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue Retail $278,000 2,166,000 94,400 16,100 33,900 5,100 2,219,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to decimal places, eg. 78% and final answer to decimal places, eg. 28,987.) Ending inventory using conventional retail inventory method $
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