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What is the amount of sale for the current year

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Question - The expenses other than interest of Maria Company for the current year is 40% of cost of goods sold but only 20% of sales. Interest expenses is 5% of sales.

The amount of purchase is 120% of cost of goods sold. Ending inventory is twice as much as the beginning. The income after tax of 30% for the current year is 350,000.

Required - What is the amount of sale for the current year?

Reference no: EM132739237

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