In manufacturing companies if production volume increased in the financial year over the volume of sales by a large quantity .?

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Islam Al Metwally
14-April-2015

The result will be increasing in net profit for this fiscal year . Is that true ?

Accounting Auditing Cost Accounting US GAAP CMA

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Date de publication: 2015/08/26

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par Saidul Alam , Accountant , Akhtar Al Balushi Trad. & Cont. L.L.C

If closing inventory is higher them cost of goods sold will be lower , if cost of goods sold is lower then gross profit is higher.

so the statement is true.

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