Ask Question
13 July, 00:28

Formula for average inventory

+2
Answers (1)
  1. 13 July, 00:49
    0
    The average of inventory is the average amount of inventory available in stock for a specific period.

    To calculate the average of inventory, take the current period inventory balance and add it to the prior period inventory balance. Divide the total by two to get the average inventory amount.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Formula for average inventory ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers