The retail method has been used by a retail department store during its first year...
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Accounting
The retail method has been used by a retail department store during its first year of operations. How will markdowns compare to markdown cancellations at the end of the year?
A.
The markdowns will be equal to the markdown cancellations.
B :
The markdown cancellations greater than or equal to the markdowns.
C :
The markdowns will be greater than or less than the markdown cancellations.
D :
The markdown cancellations will be equal to or less than the markdowns.
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