C-Swiss, a Swedish Firm Specializing in Communication Networks, Reported a Balance

question 102

Multiple Choice

C-Swiss, a Swedish firm specializing in communication networks, reported a balance in Inventories of SEK21,500 million at the beginning of 2013 and SEK22,500 million at the end of 2013.During 2013, C-Swiss reported SEK114,100 million in Cost of Sales.How much was C-Swisss' inventory purchases during 2013? [Assume that all of C-Swisss' inventory purchases are made on account and C-Swiss applies IFRS, as well as reports its results in millions of Swedish kronor (SEK) .]

• A)SEK115,300 million
• B)SEK115,200 million
• C)SEK115,100 million
• D)SEK113,100 million
• E)none of the above

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Definitions:

Pressure

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Social Readjustment

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Any condition that affects the body's normal function, often categorized by specific symptoms and medical findings.