Question: Question Ref. No: 3222 All Home Bhd. is a hardware retail company with financial year runs from January 1 through December 31. In 2017, All

Question Ref. No: 3222 All Home Bhd. is a hardware retail company with financial year runs from January 1 through December 31. In 2017, All Home Bhd. sold 25000 units of its product at a price of RM460 per uit. The company reported estimated sales returns and allowances in 2017 of RM240000. All Home actually purchased 27000 units of its product from its manufacturer in 2017 at an average cost of RM360 per unit. Operating expenses (excluding depreciation for All Home Bhd. in 2017 were RM410000 and depreciation expense was RM100,000. AllHome had RM12000000 in total debt throughout 2017. This debt carried an annual interest rate of 12%. Finally, All Home tax rate was 40 % FE, Sem 1 2018/2019 1) net sales (11) cost of goods sold (111) interest expense (iv) amount of taxes paid (v) net profit (vi) the net profit margin ratio and choose from the list, your interpretation of the 1. gross profit per RM1 sale 2. net profit per RMl sale 3. net profit per 200% sale 4. net profit per gross profit Format: 74690000 Format : 6000000 Format : 540000 Format : 305000 Format : 904000 Format: 0.02 Format : 5
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