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When you undertook the preparation of the financial statements for Pharoah Company at January 31, 2026, the following data were available: Compute the ending inventory
When you undertook the preparation of the financial statements for Pharoah Company at January 31, 2026, the following data were available: Compute the ending inventory at cost as of January 31, 2026, using the retall method which approximates fower-of-cost-or-market: (Round cost to retail ratio to 2 decimal places, es, 15.25% and final answer to 0 decimal ploces, eg 5,125 . Compute the ending inventory at cost as of January 31,2026 , using the retall method which approximates lower-of-cost-or-market (Round cost to retail rotio to 2 decimal ploces, ese 15.25% and final answer to 0 decimal ploces, es, 5,125. ) Ending inventory at lower-of-cost-or-market
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