Under the retail method, in determining the cost-to-retail percentage for the current year:
(a) net markups are included.
(b) net markdowns are excluded.
(c) net sales are included.
(d) all of the above are correct.

(A) Net markups are included.

Explanation:

According to my research on the retail method, I can say that based on the information provided within the question when determining the cost-to-retail percentage for the current year Net markups are included. This is the difference between the selling price of a product against its cost.

I hope this answered your question. If you have any more questions feel free to ask away at .

answer; ///deficit;

answer; at prices that violate government price regulations;