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View Full Version : Ending Inventory Formula


chickergirl
Jan 7, 2009, 05:57 AM
How do I calculate ending inventory?

pready
Jan 8, 2009, 12:53 PM
Beginning Inventory + Purchases - COGS = Ending Intory.

Joevis68
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