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Find out sales and closing stock

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Question - From the following information, find out (i) Sales (ii) Closing stock (iii) Sundry debtors, and (iv) Sundry creditors gross profit ratio 25% Debtors turnover ratio 4 months Stock turnover ratio 4 times Creditors turnover ratio 6 months Closing stock is 10,000/- more than the opening stock. Bill receivables amount to 65,000/- and bills payable to 80,000/-. Cash of goods sold for the year is 9,00,000.

Reference no: EM132478144

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