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    Tabbra1967's Avatar
    Tabbra1967 Posts: 2, Reputation: 1
    New Member

    May 22, 2018, 03:59 PM
    How to calculate the cost of goods sold
    The following information ($ in millions) comes from a recent annual report of,
    Net sales
    Total assets
    End of year balance in cash
    Total stockholders equity
    Gross profit (Sales

    Cost of Sales)
    Net increase in cash for the year
    Operating expenses
    Net operating cash flow
    Other income (expense), net
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member

    May 23, 2018, 06:19 PM
    Cost of Sales)
    What do you think this might mean?

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