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-   -   Accounting question about COGS. What was the COGS for the current year? (https://www.askmehelpdesk.com/showthread.php?t=789258)

  • Apr 10, 2014, 08:39 AM
    mozammel
    Accounting question about COGS. What was the COGS for the current year?
    Assume cash paid to suppliers for the current year is $350 000, merchandise inventory increased by $5000 during the year, and accounts payable decreased by $10000 during the year. What was the cost of goods sold for the current year?
    Please show the calculation
  • Apr 10, 2014, 01:45 PM
    ma0641
    Show us your calculations and we may be able to help. We don't do your homework.

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