Asked by Mesh
A business has a rate of return of seven times. At one time the business had an average stock of sh 142,000. The trade discounts allowed was 33.3% of all selling prices to retailers of gross profit. Calculate;
(a) cost of goods sold
(b) gross profit
(c) turnover
(d) total expenses
N/B. Please it is urgently needed from 10 minutes from now Help please
(a) cost of goods sold
(b) gross profit
(c) turnover
(d) total expenses
N/B. Please it is urgently needed from 10 minutes from now Help please