OHTHATDESIREE2656 OHTHATDESIREE2656

27-10-2022
Business

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to produce an inventory valuation which approximates the lower of cost or market using the conventional retail inventory method, the computation of the ratio of cost to retail should: a) include markups but not markdowns b) include markups and markdowns c) ignore both markups and markdowns d) include markdowns but not markups

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