Description Usage Arguments Examples
Cost of goods sold and ending inventory under three methods (FIFO,LIFO,Weighted average)
1 |
uinv |
units of beginning inventory |
pinv |
prince of beginning inventory |
units |
nx1 vector of inventory units. inventory purchased ordered by time (from first to last) |
price |
nx1 vector of inventory price. same order as units |
sinv |
units of sold inventory |
method |
inventory methods: FIFO (first in first out, permitted under both US and IFRS), LIFO (late in first out, US only), WAC (weighted average cost,US and IFRS) |
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