The conventional retail inventory method is based on

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asked Nov 20, 2023 174k views

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Deepak Joshi · Answer 1 · 2023-11-24T17:28:20+0000

Answer:

the relationship between a product's cost and its retail price. This method is used by businesses to get an idea of the cost of goods they have on-hand at the end of a particular reporting period.

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The conventional retail inventory method is based on

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