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:A limited company has an authorized capital of…An asset was bought on 1st January, 1995 for…If the turnover of as business is N16,000 and the…Sai Baba made sales of N10,000 having computed his…Williams and Jacob are in partnership but there is…