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    gmoreno88's Avatar
    gmoreno88 Posts: 1, Reputation: 1
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    #1

    Sep 12, 2007, 04:53 PM
    Ending Inventory
    Is there a specific formula for ending inventory?
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Sep 13, 2007, 12:41 AM
    Yes.

    Beginning Inventory + Purchases - Ending Inventory = COGS

    Therefore,
    Ending Inventory = Beginning Inventory + Purchases - COGS
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