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Bev's Revenue for 20X1 Was £180 882

Question 30

Multiple Choice

Bev's revenue for 20X1 was £180 882.Cost of sales was £113 740, and expenses were £32 404.Revenue in 20X2 was 10% higher than in 20X1.Gross profit margin and net profit margin in both years were the same. What were Bev's expenses in the 20X2 financial year (to the nearest £) ?


A) £35 644
B) £38 626
C) £38 202
D) £35 616

Correct Answer:

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