Natchitoches---about an hour away from Shreveport Louisiana is the State's oldest city. New Orleans follows, and Opelousas Louisiana is the 3rd oldest.
Cost of Goods Sold Sexton Corp. has current... (Solved) January 23, 2017. Cost of Goods Sold Sexton Corp . has current liabilities of $325,000, a quick ratio of 0.85, inventory turnover of 9.5, and a... Lambda Corporation has current liabilities of $450,000, a quick (Solved) April 18, 2013.
How to Account for Cost of Goods Sold. The cost of goods sold (CoGS) for a period is the the value of the inventory at the beginning of a plus the inventory purchases minus the value of the inventory at the end. This calculation is typically made at the end of each month, quarter or other reporting period.his is the number from which you'll subtract the ending inventory to determine the CoGS. 1  $20,000 (Beginning inventory) + $10,000 (purchases) + $5,000 (manufacturing labor costs) = $35,000 Cost of Goods Available.