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Business, 16.04.2020 16:47 antoniaannswiney

Presented below is information related to Larkspur Company. Cost Retail Beginning inventory $318,504 $279,000 Purchases 1,363,000 2,117,000 Markups 93,200 Markup cancellations 16,400 Markdowns 38,300 Markdown cancellations 5,500 Sales revenue 2,158,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e. g. 78% and final answer to 0 decimal places, e. g. 28,987.) Ending inventory using conventional retail inventory method

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Presented below is information related to Larkspur Company. Cost Retail Beginning inventory $318,504...
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