Aboridor company had the following results last year: Sales, P700,000; Return on Investment, 28%; and profit margin of 8%. How much was the operating assets last year?
1. Aboridor company had the following results last year: Sales, P700,000;
2. Jadafe makes all purchases on account, subject to the following payment pattern:
Paid in the month of purchase .................. ..... 30%
Paid in the first month following the purchase ....... 60%
Paid in the second month following the purchase .. 10%
If purchases for January, February and March were P200,000; P180,000; and P230,000,
respectively, what were the firm’s budgeted payments in March?
3. Ariba Company Consists of two stores, Amina and Ramina. Store Amina has a sales of P80,000 during April,
a contribution margin ratio of 30% and a segment margin of P11,000. The company as a
whole had sales of P200,000, a contribution margin of 36%, segment margin for the two
stores totalling P31,000. If the net income of the company was P15,000 for the month, what
must have been the traceable fixed expenses in Store Ramina.
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