Inventory Flashcards by John McFarlin

Q

Gross Margin %

A

(Sales - COGS) / Sales

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Q

Margin on Cost %

A

(Sales - COGS) / COGS

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Q

Beg Inv + Purchases = ?

A

Ending Inv + COGS

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Q

Ending Inv + COGS =

A

Beg Inv + Purchases

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