Under the retail method, in determining the cost-to-retail percentage for the current year:
A)Net markups are included.
B)Net markdowns are excluded.
C)Net sales are included.
D)All of the above are correct.

Question

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The Answer of Under the retail method, in determining the cost-to-retail percentage for the current year:
A)Net markups are included.
B)Net markdowns are excluded.
C)Net sales are included.
D)All of the above are correct.

Under the Retail Method, in Determining the Cost-To-Retail Percentage for the Current