Question
On 1 January 2021, HK Trading commenced a retail business, which buys and sells fuel. He started the business by purchasing 8765 liters of fuel.
On 1 January 2021, HK Trading commenced a retail business, which buys and sells fuel. He started the business by purchasing 8765 liters of fuel. The fuel was purchased at a cost of $4 per litre. During the year, all the fuel was sold for $9.8 per litre. By the end of the year, the cost of the fuel was $7.7 per litre.
Required
What is the sales revenue made by HK Trading?
Do not include $ sign, do not include commas or spaces - just type in answer. Answer:
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Financial Accounting
Authors: W. Steven Albrecht, James D. Stice, Earl Kay Stice, K. Fred Skousen, Albrecht S.E.
8th Edition
0324066708, 978-0324066708
