User Account

All Pages

How much is the total sales

Assignment Help Accounting Basics
Reference no: EM133147424

Question - Honasan Co. reported profit after tax of P420,000. Honasan's income tax rate is 25%. Operating expenses for the year is 20% of sales and 50% of cost of sales. Other expenses were 5% of sales. How much is the total sales?

Reference no: EM133147424

Questions Cloud

How much is the other comprehensive income : The following items were presented for the purpose of determining comprehensive income. Increase in revaluation surplus 1,610,000
Research fraud detection risk plans : Research fraud detection risk plans using the ACFE 2018 Report to the Nations.
Limitations of the data and analytics technique : Reflect briefly on the role and limitations of the data and analytics technique that you have used in addressing this business problem
What is the value of one WWE share : You are trying to compute the value of one share of WWE stock as of December 31, 2020. What is the value of one WWE share
How much is the total sales : Operating expenses for the year is 20% of sales and 50% of cost of sales. Other expenses were 5% of sales. How much is the total sales
Stockholders and management interests : Explain two or more motivational tools that can aid in aligning stockholder and management interests.
Prepare notes for a meeting with cynthia plant : Prepare notes for a meeting with Cynthia Plant which highlight the advantages and disadvantages of the external auditor conducting internal audit work
How would you negotiate opportunity with boss : You have been offered a reasonably lucrative opportunity for an expatriate assignment for the next three years, and your boss will have a meeting with you next
Formulate the above as llp model : Formulate the above as LLP Model - different production capacity high medium and low quality flours the company has intered contract to supply flour to a firm

Reviews

Write a Review

Accounting Basics Questions & Answers

  Problem regarding the male unemployment

Using the unemployment data provided by the United Nations, investigate the association between the male unemployment rate in 2004 and 2005 for a sample of 52 countries. (The sample is smaller than in Exercise 27, since not all countries reported ..

  Calculate the amount of net income reported on xyz company

Calculate the amount of net income reported on XYZ Company's 2011 income statement. Do not use decimals in your answer.

  How cash and cash equivalents are handled

Prior to beginning work on this discussion forum, visit the The Sarbanes-Oxley Act 2002 (Links to an external site.) Search the Internet and locate.

  Determine the basic eps for abc ltd

On 11 May 2023, 3.25 million further ordinary shares were issued at a price of $2.30-paid to $2.00. Determine the basic EPS for ABC Ltd

  What amount of cash was paid for merchandise

The information is available for Eclectic Lighting. What amount of cash was paid for merchandise in? 2018? Merchandise? inventory, 12/31/17

  Make balance day adjustments for prepayments and accruals

Make balance day adjustments for prepayments and accruals using the general journal. Record the balance day adjustment on 30th Jun 2011

  What are the advantages of the two forms of finance

What are the advantages/disadvantages of the two forms of finance? Is one type better than the other

  Calculate the amount of debt, the amount of equity

Calculate the amount of debt, the amount of equity, and the number of shares of common stock outstanding for each of the five capital structures

  Discuss rationale for maximum wage base for social security

Discuss the rationale for a maximum wage base for Social Security and no maximum for Medicare. Should there be a maximum base for Social Security and Medicare?

  Stock as stock has a beta of 130 and its required return

stock as stock has a beta of 1.30 and its required return is 12. stock bs beta is 0.80. if the risk-free rate is 4.75

  Calculate xyz company prime costs

XYZ Company recorded the following information related to their inventory accounts for January: January 1 January 31 Direct materials 30,000 36,000.

  What was the issue price of the bonds

For bonds of similar risk and maturity the market yield is 15%. What was the issue price of the bonds? The bonds mature in 2031 (10 years)

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd