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Explore: Angel E. Picazo Entrepreneurship 12 - STEM

The document shows the income statement of a business with sales of 1 million pesos, cost of goods sold of 400,000 pesos, and operating expenses of 180,000 pesos, resulting in a net profit of 370,000 pesos. It then provides an example income statement with higher sales of 1.3 million pesos, revised costs and expenses, and a new net profit of 470,000 pesos.

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Angel Picazo
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66 views1 page

Explore: Angel E. Picazo Entrepreneurship 12 - STEM

The document shows the income statement of a business with sales of 1 million pesos, cost of goods sold of 400,000 pesos, and operating expenses of 180,000 pesos, resulting in a net profit of 370,000 pesos. It then provides an example income statement with higher sales of 1.3 million pesos, revised costs and expenses, and a new net profit of 470,000 pesos.

Uploaded by

Angel Picazo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Angel E.

Picazo Entrepreneurship
12 – STEM Module 12

EXPLORE
Sales: Php 1,000,000.00
Less: cost of goods sold 400,000.00
Gross Profit Php 600,000.00
Less: operating Expenses 180,000.00
Operating Income Php 420,000.00
Less: Interest Expenditures 50,000.00
Net Profit/ (loss) Php 370,000.00

DEEPEN
1.) 1,300,000.00
2.) 520,000.00
3.) 260,000.00
4.)
Sales Php 1,300,000.00
Less: Cost of goods sold 520,000.00
Gross Profit Php 780,000.00
Less: Operating Expenses 260,000.00
Operating Income Php 520,000.00
Less: Interest Expenditures 50,000.00
Net Profit/ (Loss) Php 470,000.00

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