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The James-Lange theory of emotion claims that emotional feelings occur as a result of
Retail Method
An inventory valuation method used in retail, estimating the ending inventory value by applying a cost-to-retail percentage to the sales at retail.
Cost Ratio
A measure used to evaluate the efficiency and profitability of a company, calculated as the cost of goods sold divided by net sales.
Ending Inventory
The value of goods available for sale at the end of an accounting period, calculated for cost of goods sold and financial reporting purposes.
Retail Method
An accounting method used to estimate inventory value, calculated by adding the cost of goods purchased to the cost of the opening inventory and then subtracting the cost of goods sold.
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