Asked by Veronica
I am really struggling with this question and my accounting book is no help at all.
A company has $4500 in net sales, $3200 in gross profit, $1300 in ending inventory, and $1800 in beginning inventory. What is the cost of goods sold?
Im not looking for the answer, just a formula is there is one.
Thank you very much.
A company has $4500 in net sales, $3200 in gross profit, $1300 in ending inventory, and $1800 in beginning inventory. What is the cost of goods sold?
Im not looking for the answer, just a formula is there is one.
Thank you very much.
Answers
Answered by
Anonymous
sure there is
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