Finacial Accounting.

I am really struggling with this question and my accounting book is no help at all.

A company has $4500 in net sales, $3200 in gross profit, $1300 in ending inventory, and $1800 in beginning inventory. What is the cost of goods sold?

Im not looking for the answer, just a formula is there is one.

Thank you very much.

  1. 👍 0
  2. 👎 0
  3. 👁 206
  1. sure there is

    1. 👍 0
    2. 👎 0

Respond to this Question

First Name

Your Response

Similar Questions

  1. Accounting

    I have almost completed my assignment, but am stuck on this question. I researched my text and other outside sources and can't seem to find the answer. Can anyone provide any guidance on this for me? What are the strengths and

    asked by Jen on February 28, 2010
  2. Accounting

    Can anyone help me with writing a book report for Accounting. It is due on Tuesday, it can pertain to anything in accounting. TIA

    asked by Gloria on June 6, 2010
  3. Accounting 1

    Match each of the following characteristics that describe financial accounting, managerial accounting, both financial and managerial accounting, or neither financial nor managerial accounting. A. Financial accounting B. Managerial

    asked by Mia on August 31, 2014
  4. Accounting 1

    Match each of the following characteristics that describe financial accounting, managerial accounting, both financial and managerial accounting, or neither financial nor managerial accounting. A. Financial accounting B. Managerial

    asked by Mia on September 1, 2014
  5. Math; Complete the square for the expressions

    I have a number of problems I'm having problem with but they start with the example given in the book 2x^2 - 10x =2(x^2 - 5x) =2{[x-(5/2)]^2 - [(5/2)^2]} =2[x-(5/2)]^2 - (25/2) Why isn't (5/2)^2 (25/4)? I'm struggling with the

    asked by asdf on December 31, 2010
  1. math

    Book 1 255 book 2 235 book 3 178 book 4 299 book 5 150 book 6 67 book 7 82 book 8 267 book 9 188 book 10 142 book 11 281 book 12 138 book 13 326 book 14 264 book 15 103 ^ number of pages What would be the best graph or display to

    asked by :I on April 30, 2017
  2. accounting

    o How are entries made under each type of accounting? o How does each type of accounting handle depreciation, if at all? o How is inventory accounted for? o Are there any differences between the organizations that adopt a

    asked by katie on February 2, 2009
  3. English

    Ok I had a question today in class regarding a book and there was a question to use evidence from the text to support it so I put " said "" as an example to prove his main point now I included references at the end but I had no

    asked by Bob on August 30, 2011
  4. Westwood

    Flexibility is said to be the hallmark of modern management accounting, whereas standardization and consistency describe financial accounting. Explain why the focus of these two accounting systems differ.

    asked by Diane on January 15, 2012
  5. Cost accounting

    Flexibility is said to be the hallmark of modern management accounting, whereas standardization and consistency describe financial accounting. Explain why the focus of these two accounting systems differs.

    asked by Josephine on September 24, 2009

More Similar Questions