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Silva Supplies Electrical Goods to Retailers

Question 17

Multiple Choice

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: 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 What was Silva's gross profit for the quarter?


A) £240 600
B) £224 000
C) £233 950
D) £230 650

Correct Answer:

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