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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:

image text in transcribed 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: uiu. Compute the ending inventory by the conventional retail inventory method (round the cost-to-retail ratio to 3 decimal places). HARMES COMPANY Calculation of ending inventory by retail inventory method

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