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Retail Method A business using the retail method of inventory costing determines that inventory at retail is $775,000. If the ratio of cost to retail
Retail Method A business using the retail method of inventory costing determines that inventory at retail is $775,000. If the ratio of cost to retail p what is the amount of inventory to be reported on the financial statements? ice is 66%, Feedback Check My Work Multiply the inventory at retail times the ratio of cost to retail to determine the reported value
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