a. Sales200,000b. Interest expenses10,000c. tax5,000d. Administration expenses2,000e.advertisement expenses1,000f.cost of good sold95,000g. utility20,000h. Raw material30,000 base on the data given , Prepared an income statement for company X in 31 December 2003

Information in problem a. Sales 200,000 b. Interest expenses 10,000 c. tax 5,000…

Answered: a. Sales 200,000 b. Interest…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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The following is the year ended data for Tiger Company: Sales Revenue $56,000 Cost of Goods Manufactured 27,000 Beginning Finished Goods Inventory 1,000 Ending Finished Goods Inventory 2,000 Selling Expenses 15,800 Administrative Expenses 3,300 What is the cost of goods sold? A. $30,000 B. $26,000 C. $10,900 D.
Scribe Company, a manufacturer of writing instruments, provides the following financial information: Operating income Net sales Total assets at Jan. 1 Pen Division Pencil Division $100,000 $30.000 $500,000 $150,000 $580,000 $255,000 $610,000 $275,000 Total assets at Dec. 31 Calculate the return on investment for the Pencil Division. (Round your answer to two decimal places.) OA. 11.32% OB. 10.91% OC. 11.76% OD. 16.81%
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a.Sales 200,000b.Interest expenses 10,000c.tax 5,000d.Administration expenses 2,000e.advertisement expenses 1,000f.cost of good sold 95,000g. utility 20,000h. Raw material 30,000 base on the data given , Prepared an income statement for company X in 31 December 2003. #please explain to me why raw material not include or include in the income statement
A company has a net profit margin of 5%, an operating profit margin of 10%, and a gross profit margin of 25%. Sales revenue amounted P7,500,000. The general and administrative, and selling expenses are P1,125,000. Determine the amount of cost of goods sold. * G
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Biblio Files CompanyContribution Margin Income StatementFor the Year Ended December 31, 20Y8Sales $379,000 Variable costs: Manufacturing expense$151,600 Selling expense15,160 Administrative expense60,640(227,400) Contribution margin $151,600 Fixed costs: Manufacturing expense$76,750 Selling expense8,000 Administrative expense10,000(94,750)Operating income $56,850

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a. Sales	200,000
b. Interest expenses	10,000
c. tax	5,000
d. Administration expenses	2,000
e.advertisement expenses	1,000
f.cost of good sold	95,000
g. utility	20,000
h. Raw material	30,000

a. Sales 200,000 b. Interest expenses 10,000 c. tax 5,000 d. Administration expenses 2,000 e.advertisement expenses 1,000 f.cost of good sold 95,000 g. utility 20,000 h. Raw material 30,000 base on the data given , Prepared an income statement for company X in 31 December 2003