Question

Which of the following statements about the retail method is true?

A. It's not an estimate.
B. It eliminates the need to take a physical inventory.
C. It doesn't require a cost ration.
D. It aids a company in not having to calculate an inventory cost for each individual item.

Answer 1

Answer:b

Explanation:

Answer 2

D. It aids a company in not having to calculate an inventory cost for each individual item.

Explanation: