Inventory Value Study Sheet

Use this Smartacus Study Sheet to understand how to find the value of inventory and cost-of-goods-sold. Explore definitions and methods (including Average Cost Method, LIFO, and FIFO). It also prints for easy reference. Continue reading

Inventory Turnover Rate at Retail

Inventory turnover rate at retail is one way to judge the health of a company. This Formula Solver shows you the steps to finding it while using your values for sales, beginning inventory at retail, and ending inventory at retail. Continue reading

Inventory Turnover Rate at Cost

Inventory turnover rate at cost is one way to judge the health of a company. This Formula Solver shows you the steps to finding it while using your values for cost of goods sold, beginning inventory at cost, and ending inventory at cost. Continue reading

Profit Margin

Profit margin is a part of your financial toolbox. This interactive tutorial explains the concept by walking you through the calculations. It’s great for checking your homework answers, too! Continue reading

Gross Profit Ratio

This interactive tutorial explains the gross profit ratio by walking you through the steps, including where Sales and Cost of Goods Sold are on the Income Statement. It lets you use your own numbers — great for checking homework answers! Continue reading

Inventory Value: LIFO

Use this Formula Solver! Series program to learn how to calculate Inventory Value with the LIFO Method. It’s great for checking your homework answers, too! Continue reading

Inventory Value: Average Cost Method

Use this Formula Solver! Series program to learn how to calculate Inventory Value with the Average Cost Method. It’s great for checking your homework answers, too! Continue reading

Inventory Value: FIFO

Use this Formula Solver! Series program to learn how to calculate Inventory Value with the FIFO Method. It’s great for checking your homework answers, too! Continue reading

Cost of Goods Sold Overview: Study Sheet

This Smartacus Study Sheet will help you to understand how to find cost-of-goods-sold and the value of inventory. Explore definitions and methods (including Average Cost Method, LIFO, and FIFO). It also prints for easy reference. Continue reading

Cost of Goods Sold: LIFO

Use this Formula Solver! Series program to learn how to calculate Cost of Goods Sold with the LIFO Method. It’s great for checking your homework answers, too! Continue reading