Estimating Inventory using the Gross Profit Method Based on Markup Percentage (rev 2020)
Channel: The Business Doctor
Date: 2020-04-11

This video illustrates how to estimate inventory using the Gross Profit Method based on Markup Percentage under Canadian IFRS and ASPE.

Here's the problem data file to accompany this video:
https://drive.google.com/file/d/1EGJEewkN9EVhzI7GYhKQrXt8LB7JJxv3/view?usp=sharing