Razlan Enterprise has a gross profit of RM66,800. The closing inventory and opening inventory are valued at RM50,0 if total purchases is RM150,600. A. RM223, 400 B. RM211,400 C. RM275,000 D. RM208, 200

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
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Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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Razlan Enterprise has a gross profit of RM66,800. The closing inventory and opening inventory are valued at RM50,000 and RM44, 000 respectively. What is the total sales
if total purchases is RM150,600. A. RM223, 400 B. RM211,400 C. RM275,000 D. RM208, 200
Transcribed Image Text:Razlan Enterprise has a gross profit of RM66,800. The closing inventory and opening inventory are valued at RM50,000 and RM44, 000 respectively. What is the total sales if total purchases is RM150,600. A. RM223, 400 B. RM211,400 C. RM275,000 D. RM208, 200
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