Question about Ibico EC-100S Calculator

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Kelly,

For GPM on ibico EC-100 S:

Enter Price

Hit Minus Key

Enter Cost

Hit GPM Key to get GPM

Posted on Oct 27, 2009

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To start, simply enter your gross cost for each item and what percentage in profit you'd like to make on each sale. After clicking "calculate", the tool will run those numbers through its profit margin formula to find the final price you should charge your customers. https://9apps.ooo/download/

Posted on May 23, 2020

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I haven't used a calculator with these functions, so let's do a test.

I'm guessing is it for doing basic accounting. The equation is Sales - Costs = Gross Profit and maybe Gross Profit / Sales = Gross Margin.

If we enter 100 in sell, 40 in cost, does the margin come out to be 60 or 0.6? If it comes out to 60, the margin is the Gross Profit. If it comes out to 0.6, then the margin is Gross Margin.

Good luck,

Paul

I'm guessing is it for doing basic accounting. The equation is Sales - Costs = Gross Profit and maybe Gross Profit / Sales = Gross Margin.

If we enter 100 in sell, 40 in cost, does the margin come out to be 60 or 0.6? If it comes out to 60, the margin is the Gross Profit. If it comes out to 0.6, then the margin is Gross Margin.

Good luck,

Paul

May 12, 2016 | Office Equipment & Supplies

You can download a PDF copy of the manual here: http://www.u-manual.com/download-manual-now-for-free-10/265484/calculator-ibico-1232x.html#.U2eUSvldXg0

May 05, 2014 | Office Equipment & Supplies

Google (Ibico)(1230)(manual) without parens.

Aug 07, 2013 | Ibico 1230 Calculator

Hi,

Turn the calculator backward, you will see screws holding the back cover tightly, use a small Philips screwdriver to remove the screw holding the back cover in place. once all the screws are removed, you will full access to the battery, carefully remove the battery and replace it with a new one, screw back all the screws with the Philips screwdriver, after this, you are done.

Turn the calculator backward, you will see screws holding the back cover tightly, use a small Philips screwdriver to remove the screw holding the back cover in place. once all the screws are removed, you will full access to the battery, carefully remove the battery and replace it with a new one, screw back all the screws with the Philips screwdriver, after this, you are done.

May 20, 2011 | Ibico 128S Calculator

Is this a trick question, were you sleeping in class, or did you forget how to use a search engine??

Gross Profit = Sales - CGS.

Gross Profit Margin = Gross Profit / Total Sales

Company A has sales of $80,000 and a CGS of $60,000. GP=$20,000 and GPM = 25%

Carl

Gross Profit = Sales - CGS.

Gross Profit Margin = Gross Profit / Total Sales

Company A has sales of $80,000 and a CGS of $60,000. GP=$20,000 and GPM = 25%

Carl

Oct 01, 2010 | Office Equipment & Supplies

Obviously it is hardware connection problem.
You should return the calculator to the shop and claim a new set.

Dec 18, 2009 | Office Equipment & Supplies

We have ribbons for almost all calculators but I need a make and model.

DickyO

216-241-0027

DickyO

216-241-0027

Aug 25, 2009 | Ibico 1219 Calculator

Sorry different type of calc to what I use, you could try here: http://www.gbcimaginate.com/Ibico/Ibico_Content_International.jhtml#Europe

Sep 27, 2008 | Office Equipment & Supplies

Ok I looked for ages for how these keys work and once you knwo how it is quite simple.

say something costs 100, enter 100 then press the cost button

say you want a margin of 25% then enter 25% and press the mgn button the result is the selling price 133.33

So to reverse it enter 133.33 press the sell button

Enter 25% and press the mgn button

result is 99.99 cost price (100) bar a cent/penny

and finally to work out margin

enter 100 press cost button

enter 133.33 press sell button

result is 24.99 which is the percentage margin

Simple isn't it

say something costs 100, enter 100 then press the cost button

say you want a margin of 25% then enter 25% and press the mgn button the result is the selling price 133.33

So to reverse it enter 133.33 press the sell button

Enter 25% and press the mgn button

result is 99.99 cost price (100) bar a cent/penny

and finally to work out margin

enter 100 press cost button

enter 133.33 press sell button

result is 24.99 which is the percentage margin

Simple isn't it

Oct 18, 2007 | Office Equipment & Supplies

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