which made a gross profit of OR 65000. Opening inventory was OR 24000 and the value of closing inventory was OR 21000 . Calculate the value of purchases? Select one: O a. OR 100000 b. OR 97000 O c. OR 106000

which made a gross profit of OR 65000. Opening inventory was OR 24000 and the value of closing inventory was OR 21000 . Calculate the value of purchases? Select one: O a. OR 100000 b. OR 97000 O c. OR 106000

Name: A business had sales of OR 165000,which made a gross profit of OR 650
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Description: A business had sales of OR 165000,which made a gross profit of OR 65000.Opening inventory was OR 24000 andthe value of closing inventory was OR21000 . Calculate the value ofpurchases?Select one:O a. OR 100000O b. OR 97000c. OR 106000O d. OR 60000

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 46E

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