Willie Nelson's Boots uses the conventional retail method to estimate ending inventory. Cost data for...
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Willie Nelson's Boots uses the conventional retail method to estimate ending inventory. Cost data for the most recent quarter is shown below: 9. Retail Cost Beginning inventory Net purchases $44.000 $72,000 209,000 145,000 Net markups 19,000 44.000 Net markdowns Net sales 216,000 To the nearest thousand, estimated ending inventory using the conventional retail method is (Do not round intermediate calculations)
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