SG Talk

Apples sold for= $100
Cost of Apples= $30
Gross Profit = $70.

Q1 what is the cost of goods sold?

This Teacher said its $100!!!

Ok....I said....then whats the sales?

Teacher said of course its $100 again.

I ask then Profit is?

Teacher said $......how I know. My maths very poor!!!

This is a real case of a teacher asking me to teach her accounting!!!

I said FARK lah....u better go Google every words in your book.

(18-01-2022, 05:43 PM)Notdumb Wrote: [ -> ]Apples sold for= $100
Cost of Apples= $30
Gross Profit = $70.

Q1 what is the cost of goods sold?

This Teacher said its $100!!!

Ok....I said....then whats the sales?

Teacher said of course its $100 again.

I ask then Profit is?

Teacher said $......how I know. My maths very poor!!!

his/her england not powerful enough to understand the question fully if q is rephrased what is the cost? what is selling price then he/she will answer correctly

Notdumb

Notdumb

talky