A sole trader who does not keep full accounting records wishes to calculate her sales revenue for the year.The information available is: 1 Opening inventory $17,000 2 Closing inventory $24,000 3 Purchases $91,000 4 Standard gross profit percentage on sales revenue 40% Which of the following is the sales figure for the year calculated from these figures?
A、$117,600
B、$108,000
C、$210,000
D、$140,000
A、$117,600
B、$108,000
C、$210,000
D、$140,000
【参考答案及解析】
Cost of sales: $17,000 + $91,000 - $24,000 = $84,000 Sales 100% Cost of sales 60% Gross 40% profit Sales: $840,000 ________ =$140,000 60%
Cost of sales: $17,000 + $91,000 - $24,000 = $84,000 Sales 100% Cost of sales 60% Gross 40% profit Sales: $840,000 ________ =$140,000 60%