Presented below is information related to Ricky Henderson Company. 00Cost00 00Retail00 Beginning inventory $0200,000 $0280,000 Purchases 1,375,000 2,140,000 Markups 95,000 Markup cancellations 15,000...


Presented below is information related to Ricky Henderson Company.














































00Cost00


00Retail00

Beginning inventory
$0200,000


$0280,000

Purchases
1,375,000


2,140,000

Markups
95,000

Markup cancellations
15,000

Markdowns
35,000

Markdown cancellations
5,000

Sales revenue
2,200,000


Instructions


Compute the inventory by the conventional retail inventory method.



Jun 01, 2022
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