Buffy makes a gross margin of 27.2% (worked on the basis of revenue less returns) in the month of July 20X2.The following information is relevant to her trading account for that month: What is the figure for Buffy's purchases returns for July 20X2?
A)£300
B)£1290
C)£0
D)£950

Question

Buffy makes a gross margin of 27.2% (worked on the basis of revenue less returns) in the month of July 20X2.The following information is relevant to her trading account for that month:  What is the figure for Buffy's purchases returns for July 20X2?
A)£300 
B)£1290 
C)£0 
D)£950

Quizplus · Accepted Answer

The Answer of Buffy makes a gross margin of 27.2% (worked on the basis of revenue less returns) in the month of July 20X2.The following information is relevant to her trading account for that month:  What is the figure for Buffy's purchases returns for July 20X2?
A)£300 
B)£1290 
C)£0 
D)£950

Buffy Makes a Gross Margin of 27