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    vipstatus's Avatar
    vipstatus Posts: 3, Reputation: 1
    New Member
     
    #1

    Mar 29, 2008, 07:21 PM
    See attached
    Sales : 36000.00

    Merch Inv (beginning): 7500.00

    Merch Purch: ?

    Merch Inv (ending): (9000)

    Cst of Good Sld: ?

    Gross 3750.00Profit:
    Expenses: 12150.00

    Net Income (loss) (8400)
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member
     
    #2

    Mar 29, 2008, 09:22 PM
    Please make your own attempt, but here is a guide to help you:
    1)
    Sales – COGS = GP
    COGS = Sales – GP

    2)
    Inv Beginning + Purchases – Inv Ending = COGS

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