Inventory Flashcards
1
Q
Gross Margin %
A
(Sales - COGS) / Sales
2
Q
Margin on Cost %
A
(Sales - COGS) / COGS
3
Q
Beg Inv + Purchases = ?
A
Ending Inv + COGS
4
Q
Ending Inv + COGS =
A
Beg Inv + Purchases