The following balances were extracted from Mwangaza traders books of accounts. ...

      

The following balances were extracted from Mwangaza traders books of accounts.
Shs.
Opening stock 25,000
Closing stock 35,000
Purchases 190,000
Mark - up 20%
Calculate:
i) Cost of sales
ii) Gross profit
iii) Sales
iv) Rate of stock turnover (ROSTO)

  

Answers


sharon
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sharon kalunda answered the question on September 2, 2019 at 06:23


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