financial accounting exam 2 equations

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Last updated 4:31 PM on 10/2/26

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1

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weighted average cost per unit

total COGAS/total units

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ending inventory

COGAS-COGS

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GM%

gross margin/sales

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gross margin

sales revenue-COGS

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inventory turnover

COGS/average inventory

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average days to sell inventory

365/inventory turnover ratio

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COGAS

beginning inventory+purchases=COGAS