A business turns aver its inventory Pre times a year. Average inventory is $54 003 and revenue

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A business turns aver its inventory Pre times a year. Average inventory is $54 003 and revenue is mode at a market of one-third.

How much Is the revenue?

A. $240,000

B. $270,000

C. $320,000

D. $360,000

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Accounting For Cambridge International AS And A Level

ISBN: 9780198399711

1st Edition

Authors: Jacqueline Halls Bryan, Peter Hailstone

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Question Posted: Sep 17, 2021 01:41 AM

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A business turns aver its inventory Pre times a year. Average inventory is $54 003 and revenue

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To calculate the revenue we need to know the cost of goods sold COGS and the gros...View the full answer

Accounting For Cambridge International AS And A Level

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