Subject: Business Mathematics
Gr. Level: 11 (ABM)

You were given the following data for AGCAOILI Merchandising Company as of June 30, 2021:

Sales - P127,500.
Purchases (Merchandise) - P57,000
Freight In - P5,000
Taxes and Licenses - P900
Communication Expense - P300
Heat, Light, and Water - P1,240
Store Supplies Expense - P1,180
Office Supplies Expense - P730
Miscellaneous Expense - P2,090

QUESTIONS:
1. How much is the cost of sales?
2. What is the margin or gross profit?
3. How much is the gross profit rate?
4. How much is the operating expenses?
5. How much is the net profit?

Thank you so much in advanceee.​