Solution-Calculate the value of purchase made by the

Calculate the value of purchase made by the retailer

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Question - Palesa Ltd uses the following information to prepare for a retailer's next budget period for June, 2021. Sales (M160 000), Closing stock (M18 700), Closing debtors (M19 400), Opening debtors (M27 500), and Opening stock (M16 600). The gross profit margin is budgeted at 55%. Calculate the value of purchase made by the retailer during the budget period?

Reference no: EM132971095

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Calculate the value of purchase made by the retailer : Sales (M160 000), Closing stock (M18 700), Closing debtors (M19 400), Calculate the value of purchase made by the retailer

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Calculate the value of purchase made by the retailer

Reference no: EM132971095

Reference no: EM132971095

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