When computing the cost-to-retail percentage for the average cost retail method, included in the denominator are:
A. Net markups and net markdowns.
B. Neither net markups nor net markdowns.
C. Net markups, but not net markdowns.
D. Net markdowns, but not net markups.
Answer: A. Net markups and net markdowns
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.