What's More Compute the Gross Profit Answer the given problem. 1. Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half a dozen at a price of P18,000.00 per unit. However, a new model of smartphones became available in the market, so she sold the remaining half dozen @ P12,000.00 each unit. What was her profit or loss?
What's More Compute the Gross Profit Answer the given problem. 1. Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half a dozen at a price of P18,000.00 per unit. However, a new model of smartphones became available in the market, so she sold the remaining half dozen @ P12,000.00 each unit. What was her profit or loss?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![What's More
Compute the Gross Profit
Answer the given problem.
1. Annie bought one dozen smartphones for P200,000.00 with a discount of 5%.
She sold half a dozen at a price of P18.000.00 per unit. However, a new model
of smartphones 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:
a. Gross profit rate
b. Operating profit margin rate
C. Net profit margin rate
d. Return on Investment
co Q2_Entrepreneurship SH
Module 8
10](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4e371539-ea88-4770-af24-21ca9336c405%2F0b8e0890-90d4-4754-897f-b71ea977e23d%2F6xc7yro.jpeg&w=3840&q=75)
Transcribed Image Text:What's More
Compute the Gross Profit
Answer the given problem.
1. Annie bought one dozen smartphones for P200,000.00 with a discount of 5%.
She sold half a dozen at a price of P18.000.00 per unit. However, a new model
of smartphones 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:
a. Gross profit rate
b. Operating profit margin rate
C. Net profit margin rate
d. Return on Investment
co Q2_Entrepreneurship SH
Module 8
10
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