Qualification > Commerce

Urgent Accounting question on cash budgets! PLEASE HELP!

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Qudsiyah:
hey guys!

i'm having trouble calculating the sales when there's a gross profit margin added to it!
i know its to be converted and all but i really dont get it!! .. please help! ...

possibly using the question from the CIE 9706 oct/nov p4 on "Rengaw Ltd"

please help!! thanks!

Dasith:
you 4got 2 mention year!

Qudsiyah:

--- Quote from: Dasith on April 27, 2011, 03:39:04 pm ---you 4got 2 mention year!

--- End quote ---


owhh my bad.. its oct/nov 04

Dasith:
You dont hav to calculate sales its already given
Gross profit margin is needed to calculate purchases / Cost of sales

Qudsiyah:
OWHHH! kewll then!

so how do you calculate purchaseS? or creditors ?

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