Fill in each blank with the appropriate term to complete each formula.
$\begin{array}{lllll}
\text { BI } & \text { Beginning inventory } & \text { EI } & \text { Ending inventory P } & \text { Purchases } \
\text { CGS } & \text { Cost of Goods Sold } & \text { AI } & \text { Average inventory } &
\end{array}$ CGS}=______+_________-________
Average Inventory = (______+________)/2
Goods available for sale =______+______
Days to sell =365/(______/_____)

Question

Fill in each blank with the appropriate term to complete each formula.
 $\begin{array}{lllll}
\text { BI } & \text { Beginning inventory } & \text { EI } & \text { Ending inventory P } & \text { Purchases } \
\text { CGS } & \text { Cost of Goods Sold } & \text { AI } & \text { Average inventory } &
\end{array}$ CGS}=______+_________-________
Average Inventory = (______+________)/2
Goods available for sale =______+______
Days to sell =365/(______/_____)

Quizplus · Accepted Answer

The Answer of Fill in each blank with the appropriate term to complete each formula.
 $\begin{array}{lllll}
\text { BI } & \text { Beginning inventory } & \text { EI } & \text { Ending inventory P } & \text { Purchases } \
\text { CGS } & \text { Cost of Goods Sold } & \text { AI } & \text { Average inventory } &
\end{array}$ CGS}=______+_________-________
Average Inventory = (______+________)/2
Goods available for sale =______+______
Days to sell =365/(______/_____)

Fill in Each Blank with the Appropriate Term to Complete