Cloverdale, inc., uses the conventional retail inventory method to account for inventory. the following information relates to current year's operations: cost retail beginning inventory and purchases $ 313,500 $ 540,000 net markups 30,000 net markdowns 20,000 net sales 480,000 what amount should be reported as cost of goods sold for the year?

1. how much money did selfridge spend on advertising before the store’s opening? 2. explain what shopping was like in london during the early 1900s. how does this differ from the modern shopping experience? 3. what was the role of a floorwalker in 1900s london? 4. what inspired selfridge to ensure that customers in his store could browse at their leisure? do you need the links to the video?