LYC 2.86% $6.11 lynas rare earths limited

n8,pretty sure u cannot get COP using the opening/closing stock...

  1. 1,155 Posts.
    n8,

    pretty sure u cannot get COP using the opening/closing stock method because to do so you need the value of p in my equation.

    and to get p, you need COP.

    just think about it simply, how do you even know the cost value of your inventory be it opening or closing or midday if you do not know COP ?
 
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