saraelizabeth1305 saraelizabeth1305
  • 17-10-2022
  • Business
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marcos industries uses the retail method of inventory costing. the retail value of the inventory is $484,000. if the ratio of cost to retail price is 60%, what is the amount of inventory to be reported on the financial statements? a.$290,400 b.$193,600 c.$484,000 d.$242,000

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