The following information relates to Mwelu Traders as at 31st January 2012. ...

      

The following information relates to Mwelu Traders as at 31st January 2012.
Shs
Purchases 40,000
Stock 1/2/2011 15,000
Stock 31/1/2011 5,000
Mark –up 25%
Expenses 40 % gross profit
Calculate;
(i) Sales
(ii) Net profit
(iii) Rate of stock turn over

  

Answers


Kavungya
fig3142019448.png
fig4142019450.png
Kavungya answered the question on April 1, 2019 at 13:50


Next: A farmer wishes to transport his herd of cattle from Nanyuki to Athi River. Explain five benefits that the trader would get by transporting the cattle...
Previous: Clearly describe the procedure to be followed during the construction of grouped frequency distribution table

View More Business Studies Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions