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Safari 8:22 PM 62% ~ To edit and save, sign in with a subscription. Sign in % Increase or Decrease Padilla Bookstore Condensed Comparative Statement

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Safari 8:22 PM 62% ~ To edit and save, sign in with a subscription. Sign in % Increase or Decrease Padilla Bookstore Condensed Comparative Statement of Financial Performance For the years ending Dec 2010 and Dec 2011 2010 2009 %Net Sales Php Increase Php Php 2010 or Decrease Gross Sales 1,500,000 1,100,000 (h) Cost of Goods Sold 850.000(e) (0) Gross Profit (a) 450,000 6) Operating Expenses 320.0000 (k) Net Operating Income (b) 250,000 1) Other Income 45,000 () (m) Other Expenses ) 9000 im Income before Taxes 365,000 276,000 (0) Income Taxes 30.000 28.000 Net Income (d) 248,000 (0) 3D%3D%3D%3D%3D%3D%3D%3D a) Compute all missing items identified with letters b) Compute column Php increase and decrease c) Compute column % increase or decrease d) Calculate Net Profit Margin e) Calculate Operating Expenses margin. = Safari 8:22 PM 62% ~ To edit and save, sign in with a subscription. Sign in % Increase or Decrease Padilla Bookstore Condensed Comparative Statement of Financial Performance For the years ending Dec 2010 and Dec 2011 2010 2009 %Net Sales Php Increase Php Php 2010 or Decrease Gross Sales 1,500,000 1,100,000 (h) Cost of Goods Sold 850.000(e) (0) Gross Profit (a) 450,000 6) Operating Expenses 320.0000 (k) Net Operating Income (b) 250,000 1) Other Income 45,000 () (m) Other Expenses ) 9000 im Income before Taxes 365,000 276,000 (0) Income Taxes 30.000 28.000 Net Income (d) 248,000 (0) 3D%3D%3D%3D%3D%3D%3D%3D a) Compute all missing items identified with letters b) Compute column Php increase and decrease c) Compute column % increase or decrease d) Calculate Net Profit Margin e) Calculate Operating Expenses margin. =

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