What is the effect of net markup on the cost-retail ratio when using the conservative retail method?
A. Increases the cost-retail ratio
B. No effect on the cost-retail ratio
C. Depends on the amount of the net markdowns
D. Decreases the cost-retail ratio
Answer: D. Decreases the cost-retail ratio
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.