A********t
发帖数: 240 | 1 "If inventory is overestimated, then COGS must be also overestimated." I did
not see the logics behind it.
If following is true:
Begining inventory + Purchase - COGS = Ending inventory
Why COGS would move in the same direction with ending inventory? | I*****e
发帖数: 319 | 2 who tell you it is EI?
hehe | a*******e
发帖数: 97 | 3 Because, BI + P - EI = COGS
"If BEGINNING inventory is overestated, then COGS must be also overestated."
otherwise,
"If ENDING inventory is overestated, then COGS must be also UNDERSTATED."
Your quoted statement does not specify whether it is beginning or ending.
did
【在 A********t 的大作中提到】
: "If inventory is overestimated, then COGS must be also overestimated." I did
: not see the logics behind it.
: If following is true:
: Begining inventory + Purchase - COGS = Ending inventory
: Why COGS would move in the same direction with ending inventory?
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