ii. Cost of goods sold = 17,000*420 = 7140000
iii. Interest expense = 2000000*10% = 200000
iii. Amount of taxes paid = #740000*0.40 = 296000
#Profit before tax = (Sales - Cost of goods sold - operating expenses - depreciation - interest expense) = 8600000 - 7140000 - 420000 - 100000 - 200000 = 740000
iv. Net profit = 740000 - 296000 = 444000 (Profit before tax - tax)
v. Net profit margin = 444000/8840000 = 0.05
0.05 is net profit per RM1 Sale
The first student to answer this question correctly is: Tiah Oon Hou Total number of students...
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