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crypto crypto
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6 years ago
In preparing a retail method of accounting worksheet, your accountant has provided you with the following data:
January 1, 2017 - December 31, 2017
   At Cost    At Retail
Beginning inventory   $ 60,000   $100,000
Net purchases   350,000   550,000
Additional markups   -----   27,000
Transportation charges   3,500   -----

What is your correct cost complement?
A) 0.60
B) 0.61
C) 0.63
D) 0.67
Textbook 
Retail Management: A Strategic Approach

Retail Management: A Strategic Approach


Edition: 13th
Authors:
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edropedrop
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6 years ago
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this is exactly what I needed
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Smart ... Thanks!
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