Given the following different scenarios, calculate revenue, gross profit and cost of sales from the information available.
Question:
Given the following different scenarios, calculate revenue, gross profit and cost of sales from the information available.
(a) Revenue £100,000, gross margin 25%.
(b) Revenue £200,000, mark-up 30%.
(c) Cost of sales £50,000, gross margin 25%.
(d) Cost of sales £40,000, mark-up 20%.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answered By
Odongo bath
I am an Applied Statistics Master's student and, at the same time, a Postgraduate Diploma in Education student. I hold first-class honors in BS (mathematical statistics option). I am a talented, excellent, and exceptional tutor. I handle assignments professionally and in a timely manner. I'm an experienced research writer keen on detail and instruction, and I deliver 100% quality, plagiarism-free work within the required time. I am an expert in assignments and projects in the following subjects: mathematics, statistics, communication, health care, religion and law, B.A. history, English literature, philosophy, financial analysis, business management and economics, psychology, and sociology. My papers are a guarantee of original and well-researched academic papers that are way above recommended standards and quality.
3+ Reviews
30+ Question Solved
Related Book For 
Question Posted:
