Neiderhoff Inc. uses the retail inventory method to value its merchandise inventory. The following information is available for 2014: What is Neiderhoff's estimated ending inventory at cost?
A) €1,940,000
B) €1,978,000
C) €2,143,500
D) €4,121,000

Question

Neiderhoff Inc. uses the retail inventory method to value its merchandise inventory. The following information is available for 2014:  What is Neiderhoff's estimated ending inventory at cost?
A) €1,940,000 
B) €1,978,000 
C) €2,143,500 
D) €4,121,000

Quizplus · Accepted Answer

The Answer of Neiderhoff Inc. uses the retail inventory method to value its merchandise inventory. The following information is available for 2014:  What is Neiderhoff's estimated ending inventory at cost?
A) €1,940,000 
B) €1,978,000 
C) €2,143,500 
D) €4,121,000