If the total sale is P125,750.00, the cost of sales is 42.25% of the total sales, and the operating expenses is P15,429.30, how much is the operating profit income of micro-stop store? A P57,000.00 B) P57,191.32 P50,295.32 D) P40,000.00

If the total sale is P125,750.00, the cost of sales is 42.25% of the total sales, and the operating expenses is P15,429.30, how much is the operating profit income of micro-stop store? A P57,000.00 B) P57,191.32 P50,295.32 D) P40,000.00

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 19Q: The following is select account information for Sunrise Motors. Sales: $256,400; Sales Returns and...

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If the total sale is P125,750.00, the cost of sales is 42.25% of the total sales, and the operating expenses is P15,429.30, how much is
the operating profit income of micro-stop store?
A) P57,000.00
P57,191.32
P50,295.32
(D) P40,000.00

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