Solution-What is the amount of inventory purchase

What is the amount of inventory purchase

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Reference no: EM133069103

Question - Metro reported the following information in its financial statements:

Amounts are as of or for the year ended	Prior Year	Current Year
Inventory	£1395	£1567
Accounts Receivable	1600	1254
Accounts Payable	649	640
Rent payable	544	584
Salary payable	1138	1067
Sales Revenue	456	419
Cost of Goods Sold	351	264
Rent expense	347	368.4
Salary expense	335	302

Required - What is the amount of inventory purchase during the current year?

A. £172

B. £264

C. Cannot be determined

D. £351

E. £436

Reference no: EM133069103

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What is the amount of inventory purchase

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Reference no: EM133069103

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