Silva supplies electrical goods to retailers.She buys and sells on credit and both receives and allows discounts for early settlement.The following figures relate to her statement of profit or loss for the quarter ended 30 June 20X9:
What was Silva's gross profit for the quarter?
A) £240 600
B) £224 000
C) £233 950
D) £230 650
Correct Answer:
Verified
Q12: Barry imports goods for onward sale to
Q13: Buffy makes a gross margin of 27.2%
Q14: Danny's trading account figures for February 20X1
Q15: Sue prepares a monthly trading account.Relevant figures
Q16: Amber's accounting records include the following totals
Q18: Bella supplies scented candles to department stores.She
Q19: Anya's accounting records for the year ended
Q20: Bobbie's business made revenue of £280 500
Q21: Which one of the following statements is
Q22: Kylie runs a heating system supply business.Her
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents