Calculate gross profit percentage

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endin inventory is 18400,cost of goods sold of 92000 and net sale of 134000. A year -end inventory count that goods costing 14200 were actually on hand. calculate the cost of shrinkage.) calculated an adjusted cost of goods sold. calculate gross profit percentage before shrinkage. calculate gross profit after shrinkagr.

Reference no: EM131100153

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Calculate gross profit percentage : endin inventory is 18400,cost of goods sold of 92000 and net sale of 134000. A year -end inventory count that goods costing 14200 were actually on hand.
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