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Presented below is information related to Sweet Company. Cost Retail Beginning inventory $ 53,760 $107,700 Purchases (net) 119,400 204,800 Net markups 9,605 Net markdowns 26,513

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Presented below is information related to Sweet Company. Cost Retail Beginning inventory $ 53,760 $107,700 Purchases (net) 119,400 204,800 Net markups 9,605 Net markdowns 26,513 Sales revenue 175,600 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) 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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