accounting - 1 With the retail inventory method, how is the...

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1 With the retail inventory method, how is the total beginning inventory value used in the calculation of the cost-to-retail ratio for the current period under the following cost flow assumptions? Include Include Exclude Include Exclude Exclude Exclude Exclude Exclude Exclude Include Exclude 2. If the net markdowns are excluded from the calculation of the cost-to-retail ratio in the retail inventory method, the ending inventory's valuation is lower because of which of the following effects on the cost-to-retail ratio? The denominator of the ratio will be lower, which results in a higher cost-to-retail ratio. The denominator of the ratio will be higher, which results in a lower cost-to-retail ratio. The numerator of the ratio will be higher, which results in a higher cost-to-retail ratio. The numerator of the ratio will be lower, which results in a lower cost-to-retail ratio.
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