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

Similar Questions
  1. 7.In your business plan, you note that investors can expect to gain 110 percent of their investment back after three years. The
    1. answers icon 1 answer
    1. answers icon 1 answer
  2. A business that has a physical location for consumers to purchase goods.A. Online Business B. Brick & Mortar Business C.
    1. answers icon 1 answer
  3. Business that is conducted between businesses is known as ___________.A. Online Business B. Brick & Mortar Business C. Business
    1. answers icon 1 answer
more similar questions