A. 50,000
B. 55,000
C. 60,000
D. 65,000
Related Mcqs:
- Riaz holds an average inventory of 36,000(CP) with an inventory turnover of 5 times. If the firm makes a gross profit of 25% on sales, find the total sales of the company.?
- While finalizing the current year‘s accounts, the company realized that an error was made in the calculation of closing stock of the previous year. In the previous year, closing stock was valued more by 50,000. As a result?
- Gross Profit is equal to_________??
- Closing stock is generally valued at______________??
- Closing stock in the Trial Balance implies that______________??
- Closing stock appearing in the Trial Balance is shown in:?
- The opening and closing of stomata is directly controlled by the___________??
- There are _________ hypothesis which may explain opening and closing of stomata??
- The diagram which shows the correct crank positions corresponding to the opening and closing of the valves, is known as
- Any gain on the sale of non-current assets should be _________ from the net profit and the loss must be _________to the net profit in determining fund from operation??