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In the table below there are missing figures. Opening inventory Closing inventory Purchases Sales Cost of sales Gross profit Gross profit as a percentage
In the table below there are missing figures. Opening inventory Closing inventory Purchases Sales Cost of sales Gross profit Gross profit as a percentage of sales Gross profit as a percentage of cost What is the value of (a) in the table? O A. GHC 15,000 O B. GHC 17,000 O C. GHC 20,000 O D. GHC 22,000 GHC 1,000 (1,200) 5,000 8,000 (d) (i) (m) GHC 2,000 (1,500) 8,700 15,000 (e) (g) (1) (n) GHC 1,000 (500) (b) (c) 8,000 (h) (k) 25% GHC (a) (2,000) 15,000 20,000 (vi) 5,000 (1) 33.3%
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
2nd edition
978-0077403485, 77403487, 73527130, 978-0073527130
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