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Bathsheba's Net Profit Margin in 20X4 Was 6

Question 9

Multiple Choice

Bathsheba's net profit margin in 20X4 was 6.3% and her gross profit margin was 28.6%.Closing inventory was 108% of opening inventory and her purchases totalled £155 400.Opening inventory was £13 200. What was Bathsheba's revenue figure for 20X4 (to the nearest £) ?


A) £110 202
B) £219 126
C) £226 286
D) £216 168

Correct Answer:

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