Multiple Choice
Cliff buys mirrors from a wholesaler and sells them from his market stall.Each mirror costs Cliff £15.50 and retails at £23.00.During the trading year ended 30 September 20X6 Cliff purchased 360 mirrors.His opening inventory was 24 mirrors and his closing inventory is valued at £496. Assuming that there has been no change in the cost and selling price structure, what is the value of Cliff's revenue for the year ended 30 September 20X6?
A) £8832
B) £8096
C) £8464
D) £8280
Correct Answer:
Verified
Correct Answer:
Verified
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