The following data concerning the retail inventory method are taken from the financial records of Stone Company.

-The ending inventory at retail should be
A) $74,000.
B) $60,000.
C) $64,000.
D) $42,000.

Name: The following data concerning the retail inventory method are taken from the financial records of Stone Company. -The ending inventory at retail should be A) $74,000. B) $60,000. C) $64,000. D) $42,000.
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Question

The following data concerning the retail inventory method are taken from the financial records of Stone Company.
 
-The ending inventory at retail should be
A) $74,000. 
B) $60,000. 
C) $64,000. 
D) $42,000.

Quizplus · Accepted Answer

The Answer is B

The Following Data Concerning the Retail Inventory Method Are Taken