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    chickergirl's Avatar
    chickergirl Posts: 1, Reputation: 1
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    #1

    Jan 7, 2009, 05:57 AM
    Ending Inventory Formula
    How do I calculate ending inventory?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Jan 8, 2009, 12:53 PM

    Beginning Inventory + Purchases - COGS = Ending Intory.
    Joevis68's Avatar
    Joevis68 Posts: 2, Reputation: 1
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    #3

    Sep 28, 2010, 06:45 AM
    Given:
    sales=165250
    sales return=980
    sales discount=1960
    beginning inventory=16880
    purchases=108380
    Purchase discount=1630
    trasportation in=700
    gross profit=58210
    net income=17360

    find ending inventory

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