The following information is available about the transactions of Razil, a sole trader who does not keep proper
accounting records:
$
pening inventory 77000
Closing inventory 84,000
Purchases 763,000
Gross profit as a percentage of sales 30%
Based on this information, what is Razil’s sales revenue for the year?
A $982,800
B $1,090,000
C $2,520,000
D $1,080,000
D 756,000 x 10/7
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