i am doing ratios for accounting 2 and need to use net sales and cost of goods sold for a ratio and neither of them are on the income statement... It is for Kellogg's company
2007-11-29 16:39:37 · 4 answers · asked by branchini.james 1 in Business & Finance ➔ Other - Business & Finance
The COGS is disclosed in the consolidated statement of earnings. Just click on the link below.
2007-11-29 19:56:16 · answer #1 · answered by Sandy 7 · 0⤊ 0⤋
Income Statement With Cogs
2016-12-18 03:03:11 · answer #2 · answered by koons 4 · 0⤊ 0⤋
An income statement might show Sales less cost of goods sold, equals gross profit...right?
So, if you have Net Sales and you have Profit then the difference will be cost of goods sold..got it?
2007-11-29 18:55:40 · answer #3 · answered by TONY F 2 · 0⤊ 0⤋
Can't you derive those from the information already given to you? What ratio(s) are you trying to calculate?
2007-11-29 16:58:38 · answer #4 · answered by Janice 2 · 0⤊ 0⤋