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(Solved): Presented below is information related to Sage Company. Cost Retail Beginning inventory $53,940 $107 ...



Presented below is information related to Sage Company. Cost Retail Beginning inventory $53,940 $107,000 Purchases (net) 129,370 189,700 Net markups 10,527 Net markdowns 27,056 Sales revenue 202,490 Compute a cost-to-retail percentage under the following conditions. (Round ratios to 2 decimal places, e.g. 78.74%) Cost-to-retail percentage (1) Excluding both markups and markdowns. (2) Excluding markups but including markdowns. (3) Excluding markdowns but including markups. (4) Including both markdowns and markups.



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