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(c) Cost of goods available for sale 4,00,000, Total Sales 3,20,000, Opening stock of goods 80,000, Gross Profit Margin 25%. Calculate the Closing stock
(c) Cost of goods available for sale 4,00,000, Total Sales 3,20,000, Opening stock of goods 80,000, Gross Profit Margin 25%. Calculate the Closing stock of goods. [3 Marks]
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
