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.

1 answer
Question:

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.

Answers

Answer:(A) Net markups are included.Explanation:According to my research on the retail method, I can say that based on the information provided within the question when determining the cost-to-retail percentage for the current year Net markups are included. This is the difference between the selling price of a product against its cost.I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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