Class notes CSC1o2

Republic of the Philippines
Department of Education
Region III - Central Luzon
School Division of Tarlac Province
BENIGNO S. AQUINO NATIONAL HIGH SCHOOL


Second Quarter:
Module 8:

ENTREPRENEURSHIP



Prepared by: Catheryn A.
Alberto

, Republic of the Philippines
Department of Education
Region III - Central Luzon
School Division of Tarlac Province
BENIGNO S. AQUINO NATIONAL HIGH SCHOOL


COMPUTATION OF GROSS PROFIT
PROFIT
Is the amount of money a business "makes" during a given accounting period
Is the Gross Income, revenue earned from sales.
COST
the purchase price of the product including of the product including the total
outlay required in producing it.
FORECAST
is advance information that could help us prepare and ready for any incoming
event. Forecasting is the tool used in planning that aims to support managem
or a business owner in its desire to adjust and cope up with uncertainties of t
future

, Republic of the Philippines
Department of Education
Region III - Central Luzon
School Division of Tarlac Province
BENIGNO S. AQUINO NATIONAL HIGH SCHOOL

Profitability Ratios
Gross profit rate
Operating profit margin rate
Net profit margin rate
Gross profit rate – represents the different between net sales and cost of sal
of the entrepreneurial venture during a given period rate.
Formula: Gross pro
Gross profit rate =
Net Sales ₱ 734,000 Net sale
Less: Cost of sales 577,000
Gross profit ₱ 157,000 Gross profit rate = ₱ 157,00
₱ 734,00
= 21.39%