lets say i sold for items worth of 300 $ and the stock remained is worth 190 $ ... wat is the profit gained ... ???
2006-12-07 08:18:16 · 3 answers · asked by Zeina B 2 in Business & Finance ➔ Small Business
it depends on your cost of goods sold you need to subtract your sales price from your goods actually sold. this equalls your gain. we need to know the price of the sale. 300-190= your c.o.g.s is 110 now how much cash did you receive when you sold it. Sale-110=Profit
2006-12-07 09:55:00 · answer #1 · answered by Joe A 2 · 0⤊ 0⤋
hey there...I hate to intrude, but I wanted to let you know that I can refer you to a great accountant if you want one. My contact info is listed as my source.
2006-12-07 16:23:26 · answer #2 · answered by martin s 2 · 0⤊ 1⤋
$60
or 55%
2006-12-07 16:19:57 · answer #3 · answered by god knows and sees else Yahoo 6 · 0⤊ 0⤋