Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 20 May 2018 My Price 6.00

Maria's Delicatessen

Prepare profit and loss account for Maria's Delicatessen . The following data are relevant for the first year of operation. 

• Sales amount to £243,000, and the company estimated 30% gross profit. 

• Wages for the year amount to £48,000, and general expenses for the year are estimated at £15,000. 

• The company spent £12,000 for promotional activities. 

 

What possible advice would you give to the owners for next year's operations and why?

Answers

Maurice Tutor
(5)
Status NEW Posted 20 May 2018 07:05 PM My Price 6.00

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