15. Sales revenue Cost of goods sold Sales discounts P480,000 300,000 20,000 15,000 Sales returns and allowances Operating expenses Interest revenue 85,000 5,000 A.What is net sales revenue? a. P400,000 b. P445,000 c. P415,000 d. P455,000 С. B.What is gross margin? a. P145,000 b. P105,000 C. P140,000 d. P90,000

Q: Sales $ 150,000 $ 550,000 $ 38,700 $ 255,700 Sales discounts 5,000 17,500 600 4,800 Sales returns…

A: Formula: Gross profit = Net sales - Cost of goods sold

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A: Note:  “Since you have asked multiple questions, we will solve the first question for you. If you…

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A: Cost of goods manufactured (COGM) can be defined as the total value of inventory that was…

Q: If the total sale is P125,750.00, the cost of sales is 42.25% of the total sales, and the operating…

A: Total sales = P125,750.00 Cost of sales = 42.25% Operating expenses = P15,429.30

Q: Cost of Gross Sales Net Beg Net Ending Goods Profit Sales returns Sales Inventory Purchases…

A: Formula: Net sales = Sales - Sales returns

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A: Sales: It is an activity where the goods and services are sold to the customer for a certain price.…

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A: Introduction: Gross Profit: Deduction of Cost of goods sold from Net sales revenue derives the Gross…

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A: Different given values are to be used to find the required data.

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A: In Philippines Vat rate is 12% in general. It is charges at 12% on sale of goods and properties. It…

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A: Sales revenue: Sales revenue is the amount earned by the company by selling the goods or providing…

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A: Cost of goods sold means actual cost of goods that are being sold to the customers.

Q: Cost of Goods Gross Sales Net Ending Profit Beg Inventory Purchases Inventory Net Sales returns…

A: Formula: Gross profit = Net sales - cost of goods sold

Q: P 780,000 15,000 19,000 420,000 12,000 8,000 2,000 50,000 80,000 120,000 Sales Sales Returns…

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Q: 14 Cost of sales ratio 28%, Cost of goods sold ?400,000, what is the gross profit margin (ihäi 1)

A: The gross profit is calculated as excess of sales revenue over cost of goods sold.

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A: Capital gain means increase in value of capital assets and realized when the assets sold. Capital…

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A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

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A: Net Sales = Sales - Sales Discount - Sales Returns = 230000 - 7000 - 15000 = 208000 Ending Inventory…

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Q: $90,000 (a) 81,000 56,000 (b) 15,000 (c) (d) $ 5,000 95,000 (e) 41,500 (f) 15,000 Sales Sales…

A:

Q: 13. For the accounting period ended 31 December 2021, merchandise inventories sold were RM100,000 in…

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Q: Gain on Sales of Investment 5,000.00 Adversiting Expense 8,000.00 Sales 100,000.00 less: Cost of…

A: Formula: Gross profit = Net sales - cost of goods sold

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A: solution the following ratio analysis has been done asset turnover =sales / average total assets…

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A: In accounting terms, Net sales are defined as the revenues earned by the entity through business…

Q: Sales Ending Goods Sold Net Profit Beg Inventory Purchases Inventory Net Sales returns Sales (Loss)…

A: Net sales = Sales -  Sales Return  Net purchases = Purchases - Purchase Return  Cost of goods sold =…

Q: he following accounts of Rex Company are as follows: Sales P480,000; Cost of goods sold P300,000;…

A: Solution: Net sales is computed as deducting sales discounts and returns and allowances from total…

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A: Hi student Since there are multiple questions, we will answer only first question.

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A: Sales price variance is due to change in price.

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A: Under LIFO method of Inventory valuation, most recent products added to a company's inventory is…