2.3.1 Profit Flashcards
1
Q
How do you calculate gross profit margin
A
Gross profit / revenue x 100
2
Q
How do you calculate operating profit margin
A
Operating profit / revenue x 100
3
Q
How do you calculate profit of the year margin
A
Profit for the year / revenue x 100
4
Q
How do you calculate gross profit
A
revenue - cost of sales
5
Q
How do you calculate operating profit
A
gross profit - overheads
6
Q
How do you calculate profit of the year (Net Profit)
A
Operating profit + or - interest/exceptional items
