When Using the Cost-To-Retail Ratio, Net Markups and Markdowns Are

question 114

Multiple Choice

When using the cost-to-retail ratio, net markups and markdowns are

• A) always included in the computation of the ending inventory at retail
• B) always included in the computation of the ending inventory at cost
• C) never computed at retail
• D) computed differently in each industry

---

Definitions:

Rejected

Being dismissed or refused acceptance, acknowledgment, or approval by others.

Detaches Emotionally

The process or action by which an individual emotionally withdraws or distances themselves from others or certain situations.

Disappointment

The feeling of sadness or displeasure caused by the nonfulfillment of one's hopes or expectations.

Lifetime

The duration or extent of time that an individual exists or a specific entity or event occurs.