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Home Q & A Board Other Fields Homework Help Business Accounting
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gOOvER gOOvER
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6 years ago
Assume a beginning inventory of $28,000, ending inventory of $47,000, and purchases of $110,000. If the gross margin percent is 60%, how much is net sales revenue?
A) $168,333
B) $101,000
C) $252,500
D) $227,500
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
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HanoiHanoi
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6 years ago
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gOOvER Author
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6 years ago
Thanks
Kstan109
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Yesterday
Good timing, thanks!
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