Question

docs.google.com From the given picture, compute for the percentage in increase/decrease in sales. 3 points Sales Less: Cost of Sales Gross profit on sales 2020 2019 P 400,000 P 350,000 220,000 200,000 P180,000 P 150,000 Less: Operating expenses Selling expenses P 100,000 100,000 General and Administrative 50,000 40,000 Expenses Total Operating Expenses P150,000 1 140,000 Operating Income P 30,000 10,000 Less: Provision for income taxes 10,000 P5,000 Net Income P 20,000 P5,000 Increase by 30% Increase by 20% Increase by 15% Increase by 10% Increase by 5% None of the choices

          docs.google.com
From the given picture, compute for
the percentage in increase/decrease
in sales.
3 points
Sales
Less: Cost of Sales
Gross profit on sales
2020
2019
P 400,000
P 350,000
220,000
200,000
P180,000
P 150,000
Less: Operating expenses
Selling expenses
P 100,000
100,000
General and Administrative
50,000
40,000
Expenses
Total Operating Expenses
P150,000
1 140,000
Operating Income
P 30,000
10,000
Less: Provision for income taxes
10,000
P5,000
Net Income
P 20,000
P5,000
Increase by 30%
Increase by 20%
Increase by 15%
Increase by 10%
Increase by 5%
None of the choices

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docs.google.com
From the given picture, compute for
the percentage in increase/decrease
in sales.
3 points
Sales
Less: Cost of Sales
Gross profit on sales
2020
2019
P 400,000
P 350,000
220,000
200,000
P180,000
P 150,000
Less: Operating expenses
Selling expenses
P 100,000
100,000
General and Administrative
50,000
40,000
Expenses
Total Operating Expenses
P150,000
1 140,000
Operating Income
P 30,000
10,000
Less: Provision for income taxes
10,000
P5,000
Net Income
P 20,000
P5,000
Increase by 30%
Increase by 20%
Increase by 15%
Increase by 10%
Increase by 5%
None of the choices

Added by Josefina L.

Elementary and Intermediate Algebra

Alan S. Tussy, R. David Gustafson 5th Edition

Instant Answer

Solved by Expert Moses Obasola

Step 1

From the given picture, we can see that the sales for 2019 are 550 and the sales for 2020 are 40. To calculate the percentage increase or decrease in sales, we can use the formula: Percentage increase/decrease = ((New Value - Old Value) / Old Value) * 100 Let's Show more…

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From the given picture, compute for 3 points the percentage increase/decrease in sales: 2020 2019 ek 40),(CJ) 550,OU Lec; Cmt of Sls 22L,0Q 2W Gnrs prolit ak PISO(HWI GL( tel [ (peralting C~[""Tsc" * AIling " "i*te> General al Aclenirstratne IUU,(I I(K) () SUUM) JLIWW Expenses Total Operating Expenses Operating Income Less Provision for Income Tax LLW LW 30,(c)) 10,(Q JLIMW! 125 ,cc) Net Income 20,00Q P5,WO Increase by 30% Increase by 20% Increase by 15% Increase by 10% Increase by 5% None of the choices

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