Question: Current Attempt in Progress Presented below is information related to Swifty Company. Cost $148,740 1,359,000 Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales
Current Attempt in Progress Presented below is information related to Swifty Company. Cost $148,740 1,359,000 Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue Retail $285,000 2,148.000 96,200 16,300 31,800 4.700 2,209,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purpos 78% and final answer to O decimal places, eg. 28,987.) $ Ending inventory using conventional retail inventory method
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