Freddie has not kept full accounting records during the current financial year. He had opening inventory of $15,000 and purchased goods for resale costing $82,000 during the year. At the year end he had $12,000 of these goods left in inventory. Goods are sold at a mark-up on cost of 25%. What is Freddie's sales revenue for the financial year?

The following figures relate to Banyan Co for the year ended 31 March 20X9:

	$
Interest receivable at 1 April 20X8	11,120
Interest receivable at 31 March 20X9	16,180
Interest income in statement of profit or loss	28,140

What amount should be shown in Banyan Co's statement of cash flows for interest received?

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