Question: Jasco Traders is compiling the budgets for the next financial period. The following information has been provid table [ [ , R ] ,

Jasco Traders is compiling the budgets for the next financial period. The following information has been provid
\table[[,R],[Sales,1250000],[Purchases,600000],[Opening inventory,65000],[Sales commissions,70000],[Rent expense,60000],[Salaries,120000],[Delivery costs,40000],[Closing inventory,80000]]
The gross profit for the next financial period is:
A. R585000
B. R505000
C. R650000
D. R665000
ear my choice
 Jasco Traders is compiling the budgets for the next financial period.

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