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    ateefmuallim's Avatar
    ateefmuallim Posts: 6, Reputation: 1
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    #1

    Apr 26, 2009, 06:05 AM
    what is the equation for the closing stock
    what is the equation for the closing stock
    ghano's Avatar
    ghano Posts: 1, Reputation: 1
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    #2

    Jan 10, 2010, 01:13 AM

    Opening stock + net purchase - net sales
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #3

    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.
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