Hello all,
Is it possible when you are not provided with Cost of Sales to use Credit Purchases with opening and closing inventory? I need to work out an operating cycle, but no cost of sales are provided for some of the calculations. Only the inventories and credit purchases and credit sales.
Thank you, Alfie
Is it possible when you are not provided with Cost of Sales to use Credit Purchases with opening and closing inventory? I need to work out an operating cycle, but no cost of sales are provided for some of the calculations. Only the inventories and credit purchases and credit sales.
Thank you, Alfie
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