Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. Shesold half dozen at a price of P18,000.00 per unit. However, a new model of smartphone became available in the market, so she sold the remaining half dozen@ P12,000.00 each unit. What was her profit or loss? Compute the following requirements: a. Gross profit rateb. Operating profit margin ratec. Net profit margin rated. Return on Investment 1. Annie bought one dozen smartphones for P200,000.00 with a discount of 5%.What's MoreCompute the Gross ProfitAnswer the given problem.1. Annie bought one dozen smartphones for P200,000.00 with a discount of 5 70.She sold half dozen at a price of P18.000.00 per unit. However, a new moderof smartphone became available in the market, so she sold the remaining halfdozen @ P12,000.00 each unit. What was her profit or loss?Compute the following requirements:a. Gross profit rateb. Operating profit margin ratec. Net profit margin rated. Return on Investment

Ratio analysis means where different ratio of various years of years companies has been compared…

Answered: a. Gross profit rate b. Operating…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. Shesold half dozen at a price of P18,000.00 per unit. However, a new model of smartphone became available in the market, so she sold the remaining half dozen@ P12,000.00 each unit. What was her profit or loss?

Compute the following requirements:

a. Gross profit rate

b. Operating profit margin rate

c. Net profit margin rate

d. Return on Investment

1. Annie bought one dozen smartphones for P200,000.00 with a discount of 5%.
What's More
Compute the Gross Profit
Answer the given problem.
1. Annie bought one dozen smartphones for P200,000.00 with a discount of 5 70.
She sold half dozen at a price of P18.000.00 per unit. However, a new moder
of smartphone became available in the market, so she sold the remaining half
dozen @ P12,000.00 each unit. What was her profit or loss?
Compute the following requirements:
a. Gross profit rate
b. Operating profit margin rate
c. Net profit margin rate
d. Return on Investment

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