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PRESENTADO POR:
Noviembre 2019
ACTIVIDAD DE APRENDIZAJE 10
Companies sell products or services to the public or other businesses. A product might
be something to eat, or to wear or to play. A service is doing something for someone for
example, a hairdresser, a plumber or a childminder. Companies make money by selling
their product or service for more money than it costs to make or deliver. The extra money
that they make is called a Profit.
When a company doesn't make as much money as it costs to make the product or service
it is called a Loss. Making a Loss can lead to the company going out of business and
people losing their jobs. Companies always try to make a Profit from everything that they
sell.
It's not only companies that want to make a profit, events like school fetes and coffee
mornings try to make a profit too, sometimes the money is for school funds or it might be
raising money for charity.
Trying to make a Profit is a balancing act; events or companies have to find ways to keep
their costs as low as possible, the cheaper it costs to make a product or deliver a service
the bigger profit they can make when they sell it. But they also have to make sure that
they don't charge too much money for the product as people won't buy something that
they think is too expensive.
Keywords
The list of keywords for this unit is as follows:
Resuelva el código secreto con el fin de encontrar la frase coulter teniendo en cuenta el
ejemplo.
Example: (code) FBGL = HAIR (English)
English= A D E H I N O P R S V X
Code= B X Y F G Q K T L M C W
KCYLFYBXM BLY YWTYQMGCY = OVERHEADS ARE EXPENSIVE
equipment, machinery, premises, motor vehicles. These assets are RECORDED in the
balance sheet and not in the PROFIT and loss account. Revenue Expenditure -
EXPENSES involved in the day-to-day running of the business, e.g. wages, RENT,
insurance, advertising, telephone. These expenses are recorded in the profit and the profit
$ $ $
Sales 8,000
Less returns 100
7,900
Opening stock 200
Purchases 3,900
Less returns 100 3,800
4,000
Less closing stock 300
Cost of goods sold 3,700
Gross Profit 4,200
Interpretation - Ejemplo
The company had sales of $8,000 at the year end. Less returns, this came to
$7,900. The company had opening stock of $200 and closing stock of $300. The
company had purchases of $3900, less returns of $100. The cost of the goods sold came
$ $ $
Sales 1.000.000
Less returns 100.000
900.000
Opening stock 200.000
Purchases 500.000
Less returns 100.000 400.000
600.000
Less closing 200.000
stock
Cost of goods 400.000
sold
Gross Profit 1.300.000
The company had sales of $1.000,000 at the year end. Less returns, this came to
$900.000. The company had opening stock of $200.000 and closing stock of $200.000.
The company had purchases of $500.000, less returns of $100.000 The cost of the goods
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