Question
Determine the percent of net profit or loss if: Gross Sales $180,000 Direct expenses $52,000 Opening inventory at cost $39,000 Indirect expenses $27,000 Purchases at
Determine the percent of net profit or loss if:
Gross Sales $180,000 Direct expenses $52,000 Opening inventory at cost $39,000 Indirect expenses $27,000 Purchases at cost $95,000 Customer returns $8,000 Inward freight $1,000 Closing inventory $44,000 Cash discount 4.0%
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Fundamentals Of Quality Auditing
Authors: B. Scott Parsowith
1st Edition
0873892402, 978-0873892407
