Annie bought one dozen smartphone for 200,000.00 with a discount of 5%. She sold half dozen at a price of 18,000 per unit. However, a new model of smartphone became available in the market, so she sold the remaining half dozen @12,000 each unit. What was her profit or loss? a. GROSS PROFIT RATE b. OPERATING PROFIT MARGIN RATE c. NET PROFIT MARGIN RATE d. RETURN ON INVESTMENT

Annie bought one dozen smartphone for 200,000.00 with a discount of 5%. She sold half dozen at a price of 18,000 per unit. However, a new model of smartphone became available in the market, so she sold the remaining half dozen @12,000 each unit. What was her profit or loss? a. GROSS PROFIT RATE b. OPERATING PROFIT MARGIN RATE c. NET PROFIT MARGIN RATE d. RETURN ON INVESTMENT

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter16: Real Estate And High-risk Investments

Section: Chapter Questions

Problem 2DTM

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Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at a price of P18,000 00per unit. However, a new model of smartphone became available in the market, so she sold the remaining half dozen @P12,000.00 each unit. What was her profit or loss? Compute the following requirements: d Return on Investmentc.Net profit margin ratea Gross profit rateb. Operating profit margin rate
Annie bought one dozen smartphones for 200,000.00 with a discount of 5%.she sold half dozen at a price of 18,000 per unit.However,a new model of smartphone became available in the market,so she sold the remaining half dozen 12,000 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
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 modelof smartphone became available in the market, so she sold the remaining halfdozen @ P12,000.00 each unit. What was her profit or loss?Compute the following requirements:a. Gross profit rateb. Operating profit margin ratec. Net profit margin rated. Return on Investment
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