If the net profit 56 460 ID, other revenue and gains 4 360 ID, selling expenses 73 900 ID net purchases 120 000 ID Administrative expenses 70.000 ID. the gross profit are
Q: If Net sales $200,000, Cost of goods sold 90,000, Operating expenses 80,000, Net income10,000, Total…
A: Operating Income = Net Sales - Cost of goods sold - Operating expenses = $200,000 - $90,000 -…
Q: the gross profit ( 3250 000 )$ , and the sales value ( 9550 000 )$ . Total cost ? * .a- ( 6300 000…
A: Gross profit is calculated by deducting the cost of goods sold from the sales revenue.
Q: lf the net sales 330 000 lD ., other revenue and gains 170 000 lD., building 500 000 lD ., notes…
A: Given: Net sales 330 000 lD Other revenue and gains 170…
Q: BT21 Co. reported profit after tax of ₱420,000. BT21’s income tax rate is 30%. Operating expenses…
A: Profit After Tax 420,000 Add: Income Tax ($420000 * 30 / 70) 180,000…
Q: Net Sales Cost of Goods Sold Gross Profit Operating Expenses Company a courtertop instaler S764,500…
A: Return on invetsment = Net profit / Owner*s equity
Q: Calculate the sales from the given information Cost of goods sold is $38,000…
A: The format is - Sales less Cost of goods sold less Depreciation less tax Net…
Q: RJ Garcia Sound had sales of P600,000 and sales returns of P80,000. Cost of goods sold was P320,000…
A: Gross profit is an excess of revenue over the cost of goods sold. It indicates the profit before…
Q: If the net sales 1250 000 ID selling expenses 250 000 ID., Administrative expenses 250 000 ID., the…
A: Introduction: Gross profit: Deduction of cost of goods sold from the sales value drives the Gross…
Q: Calculate the missing amounts Sales Cost of goods sold Gross profit Operating expenses Net income…
A: For finding the missing amounts, we will use the following formulas: 1. Gross Profit= Sales - Cost…
Q: Cost of Goods Gross Sales Net Ending Profit Beg Inventory Purchases Inventory Net Sales returns…
A: Formula: Gross profit = Net sales - cost of goods sold
Q: Given: The Company showed Cost of Goods Sold amounting to P440,000 and its gross profit rate is 45%.…
A: Gross profit ratio is a profitability ratio that calculates the percentage of sales that exceed the…
Q: net sales 330 000 lD ., other revenue and gains 170 000 lD., building 500 000 lD ., notes payable…
A: Given: Net sales 330 000 lD Other revenue and gains…
Q: Cost of goods sold :- Sales - gross profit = 1000000 - 400000 = 600000 Calculation of total…
A: Here, To Find: Analysis and Interpretation =?
Q: hat is the net i
A: As per rule, allowed to answer first question and post the remaining in the next submission.
Q: If the amount of net sales is RM23,000, net purchase is RM10,000 and the cost of sales is RM2,450,…
A: Gross Profit =Net Sales - Cost of goods sold
Q: ost of goods sold ross profit perating expenses Depreciation expense Other expenses ncome before…
A: Cashflow statement gives detailed information of the cash used and generated in the business .…
Q: If the gross profit is P5,000 and the net profit is 25% of the gross profit. What are the expenses?…
A: Given: Net profit = Gross profit x 25%
Q: Given the following for a company: sales $48,000, sales returns and allowances $6.000, operating…
A:
Q: Calculate the Sales from the information given: Cost of goods sold is $38,000 Net income is $14,625…
A: The question is multiple choice question. Required Choose the Correct Option.
Q: XYZ company provided the following information: Sales Accounts payatle Selling expenses…
A: Lets define the both the terms. Gross profit is a profit which earns from the normal business…
Q: If the net profit 56 460 ID ,other revenue and gains 4 360 ID ,selling expenses 73 900 ID , net…
A: Gross Profit of the business is the difference between sales revenue and cost of goods sold. Net…
Q: 2/trom the following tralasaction, prepar income Statemant sales reven ue tiaished Goods 5000 Net…
A: Preparation of income statement are as follows
Q: lf the income from operating 850 000 lD., other revenue and gains 150 000 lD ., income tax 40 000…
A: Given: Income from operating 850 000 lD Other revenue and gains 150…
Q: .Calculate the gross profit from the following? Sales OMR 25000, Cost of goods sold OMR 15000 and…
A: Net sales = Sales - Return inwards = OMR 25000 - OMR 2000 = OMR 23000
Q: If the net sales 1250 000 ID ., selling expenses 250 000 ID., Administrative expenses 250 000 ID.,…
A: Solution:- Calculation of Gross profit as follows under:-
Q: find costs of goods sold and operating expenses with the following information? Net Income (Net…
A: Costs of goods sold = Sales - Gross Profit Operating expenses = Gross Profit - Net Income
Q: Sales (all on account) Cost of goods sold Gross margin Selling and administrative expense Net…
A: Return on total asset is a financial measure to calculate the net income earned by the company…
Q: If the amount of net sales is RM23,000, net purchase is RM10,000 and t cost of sales is RM2,450,…
A: Gross profit is calculated as excess of sales revenue over cost of sales.
Q: .Net Sales is equal to P200, 000 and Cost of Goods Sold totaled P65, 000. What is the Gross Profit?…
A: Gross Profit is the sum of all salaries, wages, interests, etc. before any deductions and taxes.…
Q: expenses are 60% of sales. Given this information, the actual profit is: O a. 55,000 O b. None of…
A: The profit/volume ratio is computed by dividing the contribution by the sales and multiplying the…
Q: Direction: Using the following account titles below: Sales – 20,000 Interest Expense - 660 Cost…
A: The income statement is a part of financial statements of the firm. It represents the financial…
Q: Peace Inc. has the following information: Sales P 480,000 Operating expenses 300,000 Net loss…
A: The profit a corporation generates after subtracting the costs of making, selling, and providing…
Q: Overcharge Card reports that following amounts: Sales = $3,000,000; Cost of Goods Sold = $1,200,000;…
A: Operating income is the profitability of a firm which is derived from its operations. In simple…
Q: If the gross profit 196 000 ID, other revenue and gains 4 360 ID , operating expenses 143.900 ID,…
A: Given that, Gross profit = 196000 ID The gross profit is determined with the net sales plus the…
Q: sing the financial information is presented below: Operating Expenses $ 55,000…
A: Formula: Gross Profit = Net Sales – Cost of Goods Sold Gross Profit = (Sales – Sales returns and…
Q: Complete the following Common Size Income Statement:…
A: Given information : Particulars Amount Sales $ 14,000.00 Cost of goods sold $ 9,000.00…
Q: Al Flynn has gathered the following information. Could you help Al calculate his gross profit?…
A: Gross profit is calculated as net sales minus cost of goods sold
Q: Use the following to answer the questions Net Sales $750,000 Gross profit $310,000 Beginning…
A: Gross profit = Net sales - cost of goods sold Operating income = Gross profit - Operating expense…
Q: Sales Cost of Sales Net Selling profit Interest income Net investment, end 1,776,558.00 2,215,063.00…
A: Lease means giving out the assets by lessor to lessee to use that assets in return of rent.…
Q: Given the following information :sales R10 000 000,calculated gross profit R7 000 000 ,operating…
A: Income Statement is a summary of all revenues, gains and all expenses and losses incurred during the…
Q: Consider the following information for Belle Corp. Selling and Administrative Expenses 50,00o.00;…
A: Operating Profit-: Operating Profit is the revenue earned from the core undertakings of a company,…
Q: Complete the following Common Size Income Statement: Amount Percent Sales $14,000 (b) Cost of Goods…
A: A Common size income statement is a statement where each line item is expressed as a percentage of…
Q: The selling expenses 440 000 ID. , administrative expenses 240 000 ID., income from operating 630…
A: Income from operations seems to be the profit generated by a company's operational activities.…
Q: If the gross profit 196 000 ID , other revenue and gains 4 360 ID , operating expenses 143.900 ID ,…
A: Net profit refers to the net value of income earned by a entity or an individual in a given period…
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- Income Statement for Year Ended December 31, 2018 (Millions of Dollars) Net sales 795.0 Cost of goods sold 660.0 Gross profit 135.0 Selling expenses 73.5 EBITDA 61.5 Depreciation expenses 12.0 Earnings before interest and taxes (EBIT) 49.5 Interest expenses 4.5 Earnings before taxes (EBT) 45.0 Taxes (40%) 18.0 Net income 27.0 a. Calculate the ratios you think would be useful in this analysis. b. Construct a DuPont equation, and compare the companys ratios to the industry average ratios. c. Do the balance-sheet accounts or the income statement figures seem to be primarily responsible for the low profits? d. Which specific accounts seem to be most out of line relative to other firms in the industry? e. If the firm had a pronounced seasonal sales pattern or if it grew rapidly during the year, how might that affect the validity of your ratio analysis? How might you correct for such potential problems?If the gross profit 196 000 ID, other revenue and gains 4 360 ID , operating expenses 143.900 ID, net purchases 1200000ID the net profit is:If the gross profit 196 000 ID , other revenue and gains 4 360 ID , operating expenses 143.900 ID , net purchases 120 000 ID , the net profit is:-
- Use the following information (in thousands):a. ¥126,000 d. ¥63,000Answer:1Sales revenue¥300,000 Gain on sale of equipment90,000 Cost of goods sold164,000 Interest expense16,000 Selling & administrative expenses30,000 Income tax rate30%Determine the amount of net income.Calculate net profit Details Debit(OMR) Credit(OMR) General expenses 11700 Prepaid Rent 5100 Cost of goods sold 99700 Salaries 9300 Depreciation 1560 Account Payable 3575 Net Sales 150000 Other income 2500 Select one: a. OMR 34715 b. OMR 30240 c. OMR 39815 d. OMR 31140If the gross profit is P5,000 and the net profit is 25% of the gross profit. What are the expenses?a. P3,750b. P1,250c. P4,150d. P6,250
- Profit and Loss Account for the year ended 31st December 2021 (Figures are in £000) Particulars XYZ ABC Sales 3,690 4,586 Less: Cost of Goods Sold (Including purchases) (2,146) (2,690) Gross Profit 1,544 1,896 Less: Selling & Distribution Expenses Less: Depreciation (1,103) (1,253) Earnings before Interest & Tax or Operating Profit 441 643 Less: Interest (225) (192) Earnings before Tax 216 451 Less: Taxes (86) (180) Earnings after Tax or Net Profit 130 271 Balance Sheet as at31st December 2021 (Figures are in £000) Assets XYZ ABC Fixed Assets 4,542 4,790 Current Assets Account Receivables 274 313 Inventory 654 702 Cash 140 163 Total Current Assets 1,068 1,178 Total Assets 5,610 5,968 Liabilities Capital 3,824 4,310 Long Term Debt 883 760 Current Liabilities Account Payables…Peace Inc. has the following information: Sales P 480,000 Operating expenses 300,000 Net loss (60,000) How much is Peace Inc.'s gross profit if its gross profit is 50% based on sales?A. 260,000B. 180,000C. 240,000D. 280,000how did they get the Income Before Tax? Proforma Income Statement 1/31/21 Total Revenue $ 28,959,000.00 Cost of Goods $ 15,299,000.00 Gross Profit $ 11,535,000.00 Operating Expenses $ 7,609,000.00 Total Operating Expenses $ 7,609,000.00 Operating Income or Loss $ 3,926,000.00 Interest Expense $ 434,000.00 Income Before Tax $ 3,644,000.00 Income Tax Expense $ 963,000.00 Income from Continuing Operations $ 2,681,000.00 Net Income $ 2,681,000.00
- net sales 330 000 lD ., other revenue and gains 170 000 lD., building 500 000 lD ., notes payable 120 000 lD., cost of purchases 150 000 lD ., other expenses and losses 150 000 lD., the net profit is:- 250 000 lD. 830 000 lD . 120 000 lD . 200 000 lD . no one .44- Calculate net profit from the following? Net sales OMR 100000, Cost of goods sold OMR 40000, Rent received OMR 20000, Salaries OMR 10000, Insurance OMR 6000 and Depreciation OMR 8000. a. OMR 64000 b. OMR 70000 c. OMR 56000 d. OMR 60000Net sales OR 156000 Cost of the goods sold OR 99700 Details Debit. Credit General expenses 11700 Furniture 5100 Salaries. 9300 Depreciation. 2000 Account payable. 3575 Dividend revenue 2500