0.- The company El Invierno, S.A., presents the following information for you to calculate its accounting and cash profit: Total Sales................................. $ 1'345,670.20 Cost of Sales.............................. $ 702,875.95 Operating Expenses: Wages and salaries.......... $149,516.40 Rent................................. 69,250.50 Commissions.................... 320,000.00 Depreciation.............. 114,129.32 $ 652,896.22 Sales, purchases and expenses were made in cash. Note: In the image, this is the original exercise, it is in Spanish, but it is easy to understand. Very important Note: It is necessary that you make a solution approach and then the result. Above all, to check the procedure and/or the formulas used, especially when you use excel.
PLEASE, PERFORM THE EXERCISE IN EXCEL AND SHOW THE FORMULAS
PLEASE, PERFORM THE EXERCISE IN EXCEL AND SHOW THE FORMULAS
10.-
The company El Invierno, S.A., presents the following information for you to calculate its accounting and cash profit:
Total Sales................................. $ 1'345,670.20
Cost of Sales.............................. $ 702,875.95
Operating Expenses:
Wages and salaries.......... $149,516.40
Rent................................. 69,250.50
Commissions.................... 320,000.00
Depreciation.............. 114,129.32 $ 652,896.22
Sales, purchases and expenses were made in cash.
Note:
In the image, this is the original exercise, it is in Spanish, but it is easy to understand.
Very important Note:
It is necessary that you make a solution approach and then the result. Above all, to check the procedure and/or the formulas used, especially when you use excel.
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