The cost of goods sold at N32,000. The gross profit is 25% on cost. Returns inward amounts to N2000. What is the value of sales? by Sunday | Aug 19 | Accounting WAEC | 0 comments A. N42,500 B. N40,500 C. N40,000 D. N38,000 E. N32,000 Correct Answer: Option C – N40,000 Users Also Read These:XYZ Ltd's total sales was #100,000. It had opening…An asset was bought on 1st January, 1995 for…An asset was bought on 1st January, 1995 for…Jeng Limited disposed of a fixed asset in 1999 for…Sai Baba made sales of N10,000 having computed his…