ACTG Equations quiz 7

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Last updated 6:42 PM on 4/28/26

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1

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NRV/Ceiling

selling price-selling cost

2

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floor

cieling-price margin

3

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COGAFS

boy inventory+ net purchases

4

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estimated cogs

net sales x gross profit ratio

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cost to retail ratio (ctr)

COGAFS@cost/COGAFS@retail

6

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Ending inventory (cost)

eoy@retail x ctr

7

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COGS (cost)

COGAFS@cost- eoy inventory @ cost