1 the gulf had sales of aed 20000000 and cost of goods, Ask an Expert

Finance

1. The Gulf had sales of AED 20,000,000 and cost of goods sold of AED 10,250,000. Selling and administrative expenses represented 8 percent of sales. Depreciation was 5 percent of the total assets of AED 40,000,000. What was the firm's operating profit?

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Financial Management, Finance

Category:- Financial Management
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