The retail inventory method would include which of the following in the calculation of the goods available for sale at both cost and retail?
A. Freight in
B. Purchase returns
C. Markups
D. Markdowns
Answer: B. Purchase returns
The retail inventory method would include which of the following in the calculation of the goods available for sale at both cost and retail?
A. Freight in
B. Purchase returns
C. Markups
D. Markdowns
Answer: B. Purchase returns
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.