FABM 2 QUIZ REVIEW_2

“PAC food manufacturing, manufactures lollipops for wholesalers at 25.00 per bag, and PMC SUNDRY sells them in retail at 2.00 each” What is the type of business activities does PMC SUNDRY have?

• Wholesale business activities
• Manufacturing business activities
• Service business activities
• Merchandising business activities

PAC manufacturing sold 100 bags of lollipops at 25.00/bag, each bag has a production cost amounting to 20.00/bag. Which of the following is the amount of cost of sales for 100 bags of lollipops already sold?

• 1500.00
• 2500.00
• 3000.00
• 2000.00

How much is the company’s cost of sales for the period ended on year 2020?

• 7,000

• 8,000

• 12,900

• 14,100

How much is the company’s gross profit for the period ended on year 2020?

• 41,600

• 42,800

• 47,700

• 48,700

How much is the operating profit for the period ended on year 2021?

• 35,100

• 34,500

• 50,200

• 48,400

How much is the owner’s ending capital balance for the period ended on year 2021 if.   

• 150,000.00
• 230,900.00

• 220,100.00

• 180,500.00

How much is the company’s non-current liabilities as of June if the owner’s ending capital balance is P 404,500.00?

• 110,000

• 130,300

• 150,500

• 959,000

How much is the cash provided by financing activities?

• 35,000

• 309,000

• 333,000

• 550,200

How much is the net cash from investing activities?

• -154,300

• -374,500

• 220,200

• 255,700

How much is the net increase(decrease) in cash and cash equivalents for the period?

• -377,800

• -378,000

• 377,820

• 378,520