Direction: Read and understand the given problem. Problem: Rhea is engaged in a buy-and-sell business of signature perfumes. She buys 10 boxes of perfumes. Each box costs 12,000.00 and contains a dozen of perfume bottles. She plans to sell one perfume bottle at P1,500. What is her expected profit on the 10 boxes of perfumes? Note: Getting the difference between the amount of money earned from selling 10 boxes containing a dozen of perfume bottles and the cost of those 10 boxes gives the profit."

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Direction: Read and understand the given problem.
Problem: Rhea is engaged in a buy-and-sell business of signature perfumes.
She buys 10 boxes of perfumes. Each box costs 12,000.00 and
contains a dozen of perfume bottles. She plans to sell one
perfume bottle at P1,500. What is her expected profit on the 10
boxes of perfumes?
Note: Getting the difference between the amount of money earned from
selling 10 boxes containing a dozen of perfume bottles and the cost of
those 10 boxes gives the profit."
Еxplore!
1. How much profit does Rhea earn?
2. What do you think of Rhea's business?
3. Is it good for a beginner? Why?
4. What do you think should Rhea do in order to flourish in her business?
Transcribed Image Text:Direction: Read and understand the given problem. Problem: Rhea is engaged in a buy-and-sell business of signature perfumes. She buys 10 boxes of perfumes. Each box costs 12,000.00 and contains a dozen of perfume bottles. She plans to sell one perfume bottle at P1,500. What is her expected profit on the 10 boxes of perfumes? Note: Getting the difference between the amount of money earned from selling 10 boxes containing a dozen of perfume bottles and the cost of those 10 boxes gives the profit." Еxplore! 1. How much profit does Rhea earn? 2. What do you think of Rhea's business? 3. Is it good for a beginner? Why? 4. What do you think should Rhea do in order to flourish in her business?
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