A business has compiled the following information for the year ended 31 October 2002: $ Opening inventory 386,200 Purchases 989,000 Closing inventory 422,700
The gross profit as a percentage of sales is always 40% Based on these figures, what is the sales revenue for the year?
A $1,333,500 B $1,587,500 C $2,381,250 D The sales revenue figure cannot be calculated from this information
B $952,500 × 100/60 = $1,587,500作者: wispydog 时间: 2008-5-27 16:43