Inventory

What will your average GP % be?

• 38%

• 40%

• 39%

• 41%

What will the Cost of sales amount to with the annual sale to the public?

• 517 268*100/140

• 225 213*100/90

• 517 268* 61/85

• 225 213*100/140

What will the Cost of Sales amount to fromthe annual sale to the personel?

• (225 213*100/90

• 517 268*61/85

• 225 213*61/85

• 517 268*100/90

Will carriage on purchases be capitalised to inventory?

• Yes

• No

What is the theoretical value of the closing inventory?

• 394 967

• 250 237

• 371 216

• 307 949

Will the total insurance claim that will be paid to OK grocer be VAT included or excluded?

• Included

• Excluded

What will the total Claim amount to?

• 157 065

• 179 054

• 254 949

• 206 973

(Great Outdoors)

What will my sales amount to?

• 1 001 300

• 1 309 300

• 956 440

• 1 299 604

What will my cost of sales amount to?

• 515 463 + 20 572

• 515 463- 20 572

• 515 463

• 256 716

What amount will be included in my Statement of Financial position to indicate inventory value?

• 276 748

• 256 716

• 236 143