how much would be the total assets
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4. Long-term liabilities are ₱150,000 which is equivalent to 50% of the total liabilities, the owners equity is 40% of the total assets, how much would be the total assets? |
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5. The total sales this year is ₱1,200,000, which resulted from an increase in sales for 10%. How much was the sales for last year? |
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6. The total current asset is 45%, total liability is 60%, total equity is ₱300,000. How much is the total noncurrent assets? |
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7. The Gross Profit is 40%, total sales is ₱625,000. The company incurred an operating expense of 20%, assuming that there is no non-operating items were incurred, how much would be the net profit? |
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8. The net profit this year is decreased by 10% due to the pandemic. How much was the net profit last year if the company reported a net profit of ₱90,000 this year? |
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9. If the current assets are 62.5% , the total assets are ₱600,000, owner’s equity is twice the total liabilities, how much is the total owner’s equity? |
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10. The total sales for this year is ₱5,000,000, cost of sales if 30%, operating expense is 20%, net profit before tax is 40%, how much is the non-operating items? |
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