A trader reports his sales in 2010 as 548,700. What would be his gross profit in each
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A trader reports his sales in 2010 as £548,700. What would be his gross profit in each of the following independent circumstances:
(a) His gross profit percentage is 25%
(b) He effects his sales at cost plus 25%
(c) He effects his sales at cost plus 20%
(d) He effects his sales at cost plus 40%
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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