Beginning inventory

Purchases $($net$)$

Net markups

Net markdowns

Sales revenue

Cost

$ $63,170$

$124,370$

Retail

$$102,900$

$181,500$

$10,524$

$27,048$

$192,550$

Excluding both markups and markdowns.

$(1)$

$(2)$

$(3)$

$(4)$

Compute a cost$-$to$-$retail percentage under the following conditions. $($Round ratios to $2$ decimal places, e$.$g$.78\mathrm{.}74\%)$

Cost$-$to$-$retail percentage

$65\mathrm{.}98$

$\%$

Excluding markups but including markdowns.

$62\mathrm{.}3$

$\%$

Excluding markdowns but including markups.

$70$

$\%$

Including both markdowns and markups.

$70$

$\%$