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-   -   Ending inventory formula (https://www.askmehelpdesk.com/showthread.php?t=511630)

  • Sep 28, 2010, 06:53 AM
    Joevis68
    ending inventory formula
    Given:
    sales=165250
    sales return=980
    sales discount=1960
    beginning inventory=16880
    purchases=108380
    purchase return=390
    purchase discount=1630
    transportation in=700
    gross profit=58210
    net income=17360

    find the ending inventory
  • Sep 29, 2010, 08:23 AM
    markjrivera
    1 Attachment(s)

    My Answer is attached. It is in MS Excel format.
    Hope this help.

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