This test: 100 pts possible ti A company uses the conventional retail method to estimate the cost of ending inventory for interim financial statements. Which of the following responses describe the correct treatment of markups and markdowns in the calculation of the cost-to-retail ratio? ti of th h 00 00 , O A. Markups add Markdowns subtract O O B. Markups add Markdowns C. Markups exclude O D. Markups subtracti exclude Markdowns exclude Markdowns, addi