Question: Brief Exercise 9-10 xYour answer is incorrect. Try again. Coronado Inc. had beginning inventory of $12,700 at cost and $20,900 at retail. Net purchases were

 Brief Exercise 9-10 xYour answer is incorrect. Try again. Coronado Inc.

Brief Exercise 9-10 xYour answer is incorrect. Try again. Coronado Inc. had beginning inventory of $12,700 at cost and $20,900 at retail. Net purchases were $113,930 at cost and $158,500 at retail. Net markups were $9,600, net markdowns were $7,400, and sales revenue was $151,100. Compute ending inventory at cost using the conventional retail method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using the conventional retail method 21267 LINK TO TEXT Question Attempts: 1 of 3 used SUBMIT ANSWER SAVE FOR LATER

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