From The Information If Gross Profit Is 20% Of Net Sales, What Is The Gross Sales?
Opening stock 30000, closing stock 40000, purchases 560000, returns outward 15000, returns inward 20000, carriage inward 5000. Is it 695000, 675000, 540000, 668750? (ans=a if it is correct, how?) Please help.
2 Answers - Sort by: Date | Rating
Purchases 560,000 less increase in stock 10,000=550,000. Returns inward 20,000 less returns outward 15,000=5000 plus carriage inward 5,000=10,000. 550,000 less 10,000=540,000.
1
0
How is that you are subtracting returns inward and outward and opening and closing stock?
Please explain this more detail
Soup cost £1.10 to make and is sold for £2.00 excl VAT garlic bread is made for .90p and is sold for £1.50 excl VAT. If 60 bowls of soup are sold and 78 garlic bread are sold what make the most cash profit overall and by how much ?
1
0
Guest
answered 9 months ago
- How Do You Use Circles In Practical Life?
- In An Analysis Of Variance, If The Within Group Variance Estimate Is About The Same As The Between Group Variance Estimate Then?
- Why Can't Unlike Fractions Be Added Without Common Denominators?
- What Is 11/13 Least Commn Denominater?
- How Much Money Can I Earn?
- What Code 001 For Car?
- A Grocery Store Sells $500.00 In The Baked Goods,$3,000.00 In Groceries,$1500.00 In Dairy Products,$1,000.00 In Produce, And $2500.00 In Meats?
- What Do I Do If I Fail?
- 35/77 As A Reduced Fraction?
- What Are The Factor Pairs Of 61?
- What Means Icily?
- What Is Medium Effect Size For A T Test For Dependent Means?
- How Do I Write Fifty-six And Ninety-nine Hundredths?
- The Standard Deviation Of The Distribution Of Means Of Change Scores Is 2.0 And The Mean Change Score For The Sample Studied Is An Increase Of 5.2. What Is Medium Effect Size For A T Test For Dependent Means?
- What Is The Reduced Fraction Of 50/110?
- What Is .11 As A Fraction?
- What Is 2.1 Billion Converted Into Millions? And What Is 2.2 Billion Converted Into Millions?
- What Was The First Ride At Cedar Point?
- How Do You Write Eight Thousand Six Hundred Thirty-four?
- What Is The Greatest Common Factor Of 14 And 35?
- What Parts Are In A Spanish Mission?
- How Can I Write 0.4 In A Equilvant Decimal?
- How Do I Earn 140 Dollars By December 19th? Please Respond I Need Help!
- What Is 0.26 As A Percent?
- Which One Of The Following Is An Example Of A Repeating Decimal?
- What Is The Difference Between Net Profit And Gross Profit?
- What Does This Means: "Gross Profit Is 33.33% On Sales Or Of Cost"?
- What Is Gross Domestic Product,gross National Profit And Net National Profit?
- How Do I Figure Out The Net Sales If I Have The Gross Sales # (gross Sales - Tax)?
- Where Would I Find Information On Gross Ton And Net Ton?
- What Is The Profit On Sales With The Following Information?
- How To Find The Net Profit During The Year With The Following Information?
New Comment - Comments are editable for 5 min.