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Sunland Sales Company uses the retail inventory method to value its merchandise inventory. The following information is available for the current year: If the ending
Sunland Sales Company uses the retail inventory method to value its merchandise inventory. The following information is available for the current year: If the ending inventory is to be valued at the lower-of-cost-or-market, what is the cost-to-retail ratio? $286000+$384000$289100+$367100$289100+$380100$289100+$371000
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