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Retail Inventory Method Harmes Company is a clothing store that uses the retail inventory method. The following information relates to its operations during the year:

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Retail Inventory Method Harmes Company is a clothing store that uses the retail inventory method. The following information relates to its operations during the year: 3. Compute the ending inventory by the retail inventory method for the following cost flow assumption: LIFO. Round the cost-to-retail ratio to three decimal places

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