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Presented below is information related to Crane Company. Calculate the cost-to-retail ratio and the...

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Accounting

Presented below is information related to Crane Company.
Calculate the cost-to-retail ratio and the amount of ending inventory by using the retail inventory method. (Round the cost-to-retail ratio
to 2 decimal places, e.g.52.75% and the amount of ending inventory to 0 decimal places, e.g.5,125.)
Cost-to-retail ratio
%
Ending inventory at cost $
image

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