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Under the retail method, the denominator in the cost-to-retail percentage does not include: a. Purchases. b. Purchase returns. c. Abnormal shortages. d. Freight-in. e. None

Under the retail method, the denominator in the cost-to-retail percentage does not include: a. Purchases. b. Purchase returns. c. Abnormal shortages. d. Freight-in. e. None of the above

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