Top Posters
Since Sunday
n
3
j
3
x
2
c
2
2
p
2
n
2
3
2
C
2
z
2
k
2
d
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
gOOvER gOOvER
wrote...
Go to Answer
Posts: 1305
Rep: 0 0
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
Authors:
Read 114 times
1 Reply
Replies
Answer verified by a subject expert
HanoiHanoi
wrote...
#1
Posts: 433
Rep: 20 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

gOOvER Author
wrote...

6 years ago
Thanks
TAT1238
wrote...

Yesterday
Thank you, thank you, thank you!
mkyoungs
wrote...

2 hours ago
Smart ... Thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  832 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 657
  
 9514
  
 1611
Your Opinion
How often do you eat-out per week?
Votes: 79
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?