Hi K, good to see you applying yourself. Good work. Question: What's the weighted average? I gather you aren't using LIFO. And, your 'actual cost' - is it LIFO, FIFO, or average?
Regarding your formula, I'll need to look at it. I'll need to derive it mathematically. I'll give it a looksee. But, my first reaction is that what is done to the buy should be done to the sell. You know, "what's good for the goose is good for the gander."
Keep up the good work.
Matt
Regarding your formula, I'll need to look at it. I'll need to derive it mathematically. I'll give it a looksee. But, my first reaction is that what is done to the buy should be done to the sell. You know, "what's good for the goose is good for the gander."
Keep up the good work.
Matt
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