- Equipment value; Cost: Original cost
- Residual value: Salvage value at the end of the useful life
- Useful Life: Life span of a depreciable asset
- Beginning Inventory: Value of goods for its use at the start of an inventory accounting period
- Net purchases: Gross purchases minus returns, allowances and discounts
- COGS/Cost of Goods Sold: Direct costs attributable to the production of goods sold. This includes materials, labor. It excludes indirect expenses such as sales force.
- COGS Cost of Goods Sold. Direct costs attributable to the production of goods sold. This includes materials, labor. It excludes indirect expenses such as sales force.
- Average inventory Investment in 12 months: Median value of an inventory at a specific time period
- Average turn time plays as a dollar instead of time. Please correct.