Activity 2. Please solve the problems below. Esther has a small business store. Last month, she purchased merchandise costing P20,000.00 and sold it 80% of it amounting to P40,000.00 after spending for various expenses totaling to 3,000.00. a. How much gross profit did she make? b. How much operating expenses did she had? с. What was her net profit? ctivity 3. How much is the Net price if the amountof sheee

Activity 2. Please solve the problems below. Esther has a small business store. Last month, she purchased merchandise costing P20,000.00 and sold it 80% of it amounting to P40,000.00 after spending for various expenses totaling to 3,000.00. a. How much gross profit did she make? b. How much operating expenses did she had? с. What was her net profit? ctivity 3. How much is the Net price if the amountof sheee

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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