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What is the formula for cost of sales?

Benjamin Brown | 2023-05-07 15:01:33 | page views:1492
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Oliver Wilson

Works at the International Criminal Court, Lives in The Hague, Netherlands.
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.
2023-05-12 15:01:33

Ethan Brown

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.
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