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  3. earning before tax = 30% from net sales, company i

Earning before tax = 30% from Net sales, company is relying on equity which is...

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Accounting

Earning before tax = 30% from Net sales, company is relying on equity which is means interest =0 . inventory = 4000000 net sales= 48000000. operating expense =5% of gross purchase , Gross purchase = 95%

Q: find out the Net Purchase

note . formulas for NP

1.net Purchase = Cost of goods sold +Ending inventory _ beginning inventory OR 2. net purchase = gross profit _ purchase retain

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