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How do you calculate the cost of sales?

Eliza Turner | 2023-05-07 15:01:20 | page views：1465
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Amelia Collins

Studied at the University of Manchester, Lives in Manchester, UK.
Subtract the value of your inventory at year-end. This will provide you with your cost of sales. Expressed as a formula: beginning inventory + inventory purchases and expenses - ending inventory = cost of sales, also known as cost of goods sold.
2023-05-07 15:01:20
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Ethan Wilson

QuesHub.com delivers expert answers and knowledge to you.
Subtract the value of your inventory at year-end. This will provide you with your cost of sales. Expressed as a formula: beginning inventory + inventory purchases and expenses - ending inventory = cost of sales, also known as cost of goods sold.
How to Calculate the Cost of Sales | Chron.com
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