In determining the cost-to-retail percentage for the current year:
A. Net markups are included.
B. Net markdowns are excluded.
C. Net sales are included.
D. All of the above are correct.
Answer: A. Net markups are included.
In determining the cost-to-retail percentage for the current year:
A. Net markups are included.
B. Net markdowns are excluded.
C. Net sales are included.
D. All of the above are correct.
Answer: A. Net markups are included.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.