[Jamali]

Dear Tutor. Thanks a lot and I am pretty sure I am gonna pass with flying colors next time I attempt F3.

[Jamali]

Hello ACCA tutor and colleagues.

I need your quick assistance with this question and thanks in advance for your prompt feedback.

QUESTION:

Liz obtains a 25% margin on all her sales. In the year to 31 March 2010 she bought goods with a total value of $69,000. Her closing inventory cost $3,000 less than her opening inventory. What is the value of Liz’s sales in the year to 31 March 2010?

[Jamali]

Hello ACCA tuitor and colleagues.

I need your quick assistance with this question and thanks in advance for your prompt feedback.
QUESTION:
In the year to October 31, 2010 Jamali’s sales were $142,200, all of which were made at a mark-up of 20%. His opening inventory value was $5,400 and his closing inventory value was $3,600. What is Jamali’s value of purchases in the year to October 31, 2010?

[Jamali]

Dear All,

How can I get past papers for F3?

Thanks in advance for your feedback.

Best.

Adiga

[Author]

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