ABC Company had sold 500 pieces of handbags at 150 pesos each in just one month period. The company is positive to increase their sales by 10% per month. The cost of goods sold is 75 pesos. The operating and administrative expenses is 50,000 pesos per month. How much will be the total income at end of the year without EBIT?

ABC Company had sold 500 pieces of handbags at 150 pesos each in just one month period. The company is positive to increase their sales by 10% per month. The cost of goods sold is 75 pesos. The operating and administrative expenses is 50,000 pesos per month. How much will be the total income at end of the year without EBIT?

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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