b) Goldcrest Co made sales of $193,200 during the year ended 31st March 2022. Inventory decreased...

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b) Goldcrest Co made sales of $193,200 during the year ended 31st March 2022. Inventory decreased by $13,200 over the year and all sales were made at a mark-up of 42%. What was the cost of purchases during the year, to the nearest $100? (3 marks) b) Goldcrest Co made sales of $193,200 during the year ended 31st March 2022. Inventory decreased by $13,200 over the year and all sales were made at a mark-up of 42%. What was the cost of purchases during the year, to the nearest $100? (3 marks)

Answer rating: 100% (QA)

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