Novak Shoe Store uses the retail inventory method for its two departments, Women's Shoes and Men's Shoes. The following information for each department is obtained. Item Women's Shoes Men's Shoes Beginning inventory at cost $32,500 $49,000 Cost of goods purchased at cost 108,550 142,140 Net sales 178,000 188,500 Beginning inventory at retail 46,500 65,000 Cost of goods purchased at retail 181,000 186,500 (a1) Your Answer Correct Answer Your answer is incorrect. Calculate cost-to-retail ratio. Women's Shoes Cost-to-retail ratio % eTextbook and Media Men's Shoes %