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Business, 01.03.2021 18:10 rebecca0022

ortiz Department Store utilizes the retail inventory method to estimate its inventories. It calculated its cost to retail ratio during the period at 70%. Goods available for sale at retail amounted to $600,000 and goods were sold during the period for $440,000. The estimated cost of the ending inventory is

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ortiz Department Store utilizes the retail inventory method to estimate its inventories. It calculat...

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