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

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)

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