Get premium membership and access questions with answers, video lessons as well as revision papers.

The following information relates to Kafupi business enterprise:- Average stock Shs.120,000 Rate of stock turnover 3 times Margin ...

      

The following information relates to Kafupi business enterprise:-
Average stock Shs.120,000
Rate of stock turnover 3 times
Margin 25%
From the data above, determine;
(a) The cost of goods
(b) Gross profit
(c) Sales

  

Answers


Kavungya
fig46342019433.png
fig47342019434.png
Kavungya answered the question on April 3, 2019 at 13:35


Next: What do you understand by the statement ‘lower fixed point’ on a temperature scale?
Previous: The figure below shows a bimetallic strip made of brass and iron. A marble is placed at end A of the bimetallic strip as shown below:-

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


Learn High School English on YouTube

Related Questions