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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

B

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b

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