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Can I have a help in this attachment please please 11:28 Mon 24 Jun 3' (5} 38% [1' 11:28 Mon 24 Jun a learn2.open.ac.uk Gift

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Can I have a help in this attachment please please

image text in transcribed
11:28 Mon 24 Jun "3' (5} 38% [1'

11:28 Mon 24 Jun a learn2.open.ac.uk Gift Ideas f...erience Days Deal Zippy...ne Place UK Apple Disney ESPN B291-19D: Assessment 50 YEARS B291-19D Home The Things... - TripAdvisor Lloyds Bank - Mobile Bank... Sign out StudentHome Takeaways Delivered from... iCMA 43 Meemi Khalili (E2502098) I Contact the OU I Accessibility Search the OU Profile Study Library Careers Community Help Centre Assessment Tutorials Forums Resources News B291-19D Home > Week 10 > iCMA43 WEEK 10 Unit 4 From the trial balance (continued) Unit 4 resources Questions Assessment Booklet iCMA 43 O 3 6 9 12 15 18 1 4 7 10 13 16 19 2 5 8 11 14 17 20 Question 12 Not yet answered Marked out of 1.00 Flag question Steve's business sells art and his financial year ends on 31 August. On 30 August 20X2, there was fire which destroyed part of his inventory. Steve did not have insurance. He provides the following information: On 1 September 20X1 , the inventory was E 77 ,000. Purchases during the previous year were E 153,000. Sales during the year were E250,000. Steve applies a mark-up on cost of 150 per cent. Inventory that remained intact and can still be sold amounts to E52,000. How much of the inventory was lost during the fire? [Advice: in order to answer this question, you may find it helpful to first determine the cost of the goods sold.] Answer the question by providing the appropriate number in the box below (e.g., 123456). Do not enter a dot, commas, spaces, letters, words or symbols (such as E). Failure to follow these instructions will result in the answer being marked as incorrect. Finish attempt ...

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