Question: Please, if you are going to write by hand, make it clear.thankyou so much, my dear Question 2 a) Ali is a trader and the

Please, if you are going to write by hand, make it clear.thankyou so much, my dear
Question 2 a) Ali is a trader and the following summary of his transactions was made for February 2018. (15 marks) RM Cost of goods purchased....... ...7,500 Goods Sold (selling price)... ...6,400 Stock as at 1 February ...6,730 Stock as at 28 February.. ...9,700 Goods returned to supplier ...560 Cost of carriage on goods purchased ...410 Calculate: i. the cost of goods available for sale; ii. the cost of goods sold; iii. the gross profit. Explain the concept of Working Capital. Show the components of Working Capital. b) c) (2 marks)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
