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12 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%. She sold half dozen at a price of P18,000.00 per unit. However, a new model of smartphone became available in the merket, so she sold tha reimaining 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 uing questions:

12 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%. She sold half dozen at a price of P18,000.00 per unit. However, a new model of smartphone became available in the merket, so she sold tha reimaining 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 uing questions:

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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11 12 What's More Compute the Gross Profit 8,776.34 Answer the given problem. 1. Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. 4,743.81 She sold half dozen at a price of P18,000.00 per unit. However, a new model of smartphone became available in the merket, so she sold the reinaining half 032.53 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 nothing is treprenuer c. Net profit margin rate d. Return on Investment atrepreneur Now ask yoursejf the following questions: 1. Is creativity present in the operation of ordinary small bus inesses along the streets and highways and in your neighborhood? Why do you say as an art. luating the so?
Transcribed Image Text:11 12 What's More Compute the Gross Profit 8,776.34 Answer the given problem. 1. Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. 4,743.81 She sold half dozen at a price of P18,000.00 per unit. However, a new model of smartphone became available in the merket, so she sold the reinaining half 032.53 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 nothing is treprenuer c. Net profit margin rate d. Return on Investment atrepreneur Now ask yoursejf the following questions: 1. Is creativity present in the operation of ordinary small bus inesses along the streets and highways and in your neighborhood? Why do you say as an art. luating the so?
11 12 What's More Compute the Gross Profit 8,776.34 Answer the given problem. 1. Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. 4,743.81 She sold half dozen at a price of P18,000.00 per unit. However, a new model of smartphone became available in the merket, so she sold the reinaining half 032.53 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 nothing is treprenuer c. Net profit margin rate d. Return on Investment atrepreneur Now ask yoursejf the following questions: 1. Is creativity present in the operation of ordinary small bus inesses along the streets and highways and in your neighborhood? Why do you say as an art. luating the so?
Transcribed Image Text:11 12 What's More Compute the Gross Profit 8,776.34 Answer the given problem. 1. Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. 4,743.81 She sold half dozen at a price of P18,000.00 per unit. However, a new model of smartphone became available in the merket, so she sold the reinaining half 032.53 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 nothing is treprenuer c. Net profit margin rate d. Return on Investment atrepreneur Now ask yoursejf the following questions: 1. Is creativity present in the operation of ordinary small bus inesses along the streets and highways and in your neighborhood? Why do you say as an art. luating the so?
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