taiwo's business has a rate of turnover of 10 times. average stock is 30000. trade...
taiwo's business has a rate of turnover of 10 times. average stock is 30000. trade...
taiwo's business has a rate of turnover of 10 times. average stock is 30000. trade discount (i.e margin allowed) is 25% off all selling prices; expenses are 200/3 % of Gross profit.
you are to calculate:
a. cost of goods sold
b. mark-up
c. turn over
d. total expenses
e. gross profit
f. net profit?
InAccounting
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Asked by habeeb on 2nd November, 2022
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