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Cost of Goods Sold COGS Explained With Methods to Calculate It

From the below statement, you are required to compute the cost of sales. The Gross profit was reported as better than in the previous quarter. The company reported 230,000 as of the opening stock, 450,000 as closing stock, and 10,50,000 as net purchases. You are required to compute the cost of sales for inventory limited.… Continue reading Cost of Goods Sold COGS Explained With Methods to Calculate It