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View Full Version : What is the equation for the closing stock


ateefmuallim
Apr 26, 2009, 06:05 AM
what is the equation for the closing stock

ghano
Jan 10, 2010, 01:13 AM
Opening stock + net purchase - net sales

morgaine300
Jan 10, 2010, 04:56 PM
The post is 9 months old. And your answer is incorrect. Sales are at RETAIL. Inventory is at COST. You can't do things with inventory at retail prices.