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9. Gamma Holding NV, a Dutch textile company, presented the following calcula- tion of operating profit in its2009 consolidated income statement: x 1,000,000 Net turnover 658.5 Change in finished products and work in progress Total operating income 644.2 Costs of raw materials and consumables 212.9) Contracted work and other external costs Added value 388.6 Personnel Costs 236.9) nor property, plant, and equipment impairment of property, plant, and equipment of intangible assets impairment of intangible assets (18.5) other operating expenses other income and expense 0.2 Total other operating expenses operating result Required: a. Determine whether finished products and work in progress inventory in total increased or decreased during the year. b. Identify the additional information that would be needed to calculate cost of goods sold for the company in 2009. c. Given the following assumptions with respect to the percentage of operating expenses related to manufacturing activities and nonmanufacturing activi- ties, provide an estimate of cost of goods sold: Manufacturing Nonmanufacturing Costs of raw materials and consumables 90% 10% Contracted work and other external costs Personnel costs Depreciation and impairment of property, plant and equipment 75 25 Amortization and impairment of intangible assets 20 other operating expenses 10 d. Given the estimated of goods sold from part (c, determine the com- pany's gross profit margin for 2009. 9. Gamma Holding NV, a Dutch textile company, presented the following calcula- tion of operating profit in its2009 consolidated income statement: x 1,000,000 Net turnover 658.5 Change in finished products and work in progress Total operating income 644.2 Costs of raw materials and consumables 212.9) Contracted work and other external costs Added value 388.6 Personnel Costs 236.9) nor property, plant, and equipment impairment of property, plant, and equipment of intangible assets impairment of intangible assets (18.5) other operating expenses other income and expense 0.2 Total other operating expenses operating result Required: a. Determine whether finished products and work in progress inventory in total increased or decreased during the year. b. Identify the additional information that would be needed to calculate cost of goods sold for the company in 2009. c. Given the following assumptions with respect to the percentage of operating expenses related to manufacturing activities and nonmanufacturing activi- ties, provide an estimate of cost of goods sold: Manufacturing Nonmanufacturing Costs of raw materials and consumables 90% 10% Contracted work and other external costs Personnel costs Depreciation and impairment of property, plant and equipment 75 25 Amortization and impairment of intangible assets 20 other operating expenses 10 d. Given the estimated of goods sold from part (c, determine the com- pany's gross profit margin for 2009

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