Question
A business has compiled the following information for the year ended 31 October 20x2: Opening inventory 386,200, Purchases 989,000, Closing inventory 422,700. The gross profit
A business has compiled the following information for the year ended 31 October 20x2:
Opening inventory 386,200,
Purchases
989,000,
Closing inventory
422,700.
The gross profit as a percentage of sales is always 40%. Based on these figures, what is the sales revenue for the year?
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How To Audit The Process Based QMS
Authors: Arter, Dennis R., Cianfrani, Charles A, And West, John E., 'Jack'
2nd Edition
0873898443, 978-0873898447
