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In the retail inventory method, the cost to retail ratio is equal to the cost of merchandise sold divided by the retail price of the merchandise sold.
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A colorless, volatile liquid that is the active ingredient in drinks such as beer, wine, and spirits, and is also used in sterilization and as a fuel source.
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A natural stimulant found in coffee, tea, chocolate, and certain medications that affects the central nervous system, enhancing alertness and reducing tiredness.
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A powerful opiate analgesic drug derived from the opium poppy used to relieve severe pain.
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An opioid drug derived from morphine, known for its highly addictive properties and use as a recreational drug.
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