When computing the cost-to-retail percentage for the average cost retail method, included in the denominator are:
A.	Net markups and net markdowns.
B.	Neither net markups nor net markdowns.
C.	Net markups, but not net markdowns.
D.	Net markdowns, but not net markups.
Answer:A
When computing the cost-to-retail percentage for the average cost retail method, included in the denominator are:
A.	Net markups and net markdowns. B.	Neither net markups nor net markdowns. C.	Net markups, but not net markdowns. D.	Net markdowns, but not net markups.