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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
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Kavungya answered the question on April 1, 2019 at 13:50


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