A pottery company had sales of #176000 during the current period and a gross profit...

A pottery company had sales of #176000 during the current period and a gross profit rate of 40%. The company's cost of merchandize available for sale during the period was #128000. The company's ending inventory is?

In Accounting
1 Answers Available
Asked by Omo on 9th March, 2019

Your School's Whatsapp Group - Join Us now

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

To get notifications when anyone posts a new answer to this question,
Follow New Answers

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

Answers ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Ask Your Own Question

Quick Questions

Tobolola who has not kept a complete stet of books for her business has been able to provide the following... Answer this

3 Answers · Accounting · 5 years ago
past questions and answers? Answer this

4 Answers · Accounting · 1 week ago
what is the format for consignment account? Answer this

1 Answers · Accounting · 1 month ago

See More Accounting Questions

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

A pottery company had sales of #176000 during the current period and a gross profit...

Post an Answer

Answers ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Sign In