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Dear All,
The correct answer is ;
1- If you have one figure of Ending inventory ( as you got the Balance Sheet of the for example, and you did not get any other figures for inventory, You may use only this number, ( ending balance for the Balance Sheet of Inventory) , to be :
Cost of Goods Sold/ Ending Balance.
2- However, if you have the beginning balance also i.e. You have another figure for year (as Beginning of = End of) . So you have two figure, So you SHOULD get the average of the two figures, and.. So the Formula is :
Cost of Goods Sold/ Average Inventory .
This is Final , and Thank You .
2. Inventory Turn Over= Annual cost of goods sold /Average Inventory(Beginning inventory + Ending inventory)
The correct answer is 2
(Inventory Turnover = Cost of Goods Sold/Average Inventory)
2- inventory turn over = cost of goods sold / beginning inventory balance + ending inventory balance + Transfers in the new fiscal year has not yet received
Inventory Turn Over= Annual cost of goods sold /ending inventory
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The correct answer is no 2
Inventory turn over = cost of goods sold / beginning inventory balance + ending inventory balance
Answer is 2
Inventory Turnover = Cost of Goods Sold Average Inventories
Cost of goods sold = Beginning Inventories + Cost of Goods Manufactured – Ending Inventories
Cost of goods sold figure is reported on the income statement.
Average Inventories = Beginning Inventories + Ending Inventories 2هل تحتاج لمساعدة في كتابة سيرة ذاتية تحتوي على الكلمات الدلالية التي يبحث عنها أصحاب العمل؟