Figuring Cost of Goods Sold

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#1
CP Hay  
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3-Apr-2019 5:24pm
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NEW YORK (NY)
Business owner doesn't know the cost of their inventory and didn't track it throughout the entire year. All returns are shown on the books at retail price. Owner sells a large number of SKUs. What's the best way to calculate returns when doing the Cost of Goods Sold amount?
 

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