phoenix study formula again carefully.Stock was at 57 now 35 now rumblings inventory will do them in.
It's all been done before.
It ain't hard.
SALES 6,519
COST OF SALES CALCULATION:
BEGINNING INVENTORY 1,232 JULY 29,2000
PURCHASES 3,102
=COST OF GOODS AVAILABLE 4,334
LESS:ENDING INVENTORY 1,956 OCT 28,2000
COST OF GOODS SOLD 2,378
GROSS PROFIT 63.5% 4,141 REPORTED BY CISCO
Now if inventory grows 15% instead of 58% this is what gross profit looks like:
Sales 6,519
Beginning inventory 1,232
+purchases 3,102
=cost of goods available 4,334
-Ending inventory 1,416 PLAY WITH THIS NUMBER
=cost of goods sold 2,918
Gross profit 55.2% 3,601 REPORTED BY THE DISCIPLE
VOILA MAGIC !!
Just change the ending inventory higher and your profits are whatever you want them to do. |
