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- UID
- 223193
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- 189
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- 注册时间
- 2011-7-11
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- 2016-12-26
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COGS and inventory purchases
COGS = beginning inventory + purchases - ending inventory
I don't understand the purchases part of the equation. For example, if COGS = 80K, beg. inv. = 14K and ending inv. = 10K, purchases = $76K
What does the 76K mean? |
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发表于 2011-7-11 17:35
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