2.3.1 Profit Flashcards by samantha namaganda

Q

what is the formula for gross profit?

A

gross profit = sales revenue - cost of sales

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Q

what is the formula for gross profit margin?

A

gross profit margin =
(gross profit / sales revenue) x 100

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Q

what is the formula for operating profit margin?

A

operating profit margin =
(operating profit / sales revenue) x 100

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Q

what is the formula for net profit?

A

net profit = operating profit - interest

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Q

what is the formula for operating profit margin?

A

net profit margin =
(net profit / sales revenue) x 100

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