2.4 Flashcards
1
Q
Gross profit =
A
Sales revenue - costs of sales
2
Q
Gross profit margin (%) =
A
(gross profit/ slales revenue) x100
3
Q
Net profit =
A
Gross profit - other operating expenses and interest
4
Q
Net profit margin (%) =
A
(net profit/sales revenue) x100
5
Q
Average rate of return (%) =
A
average annual sales profit( total ÷ number of years) / Costs of investments x100
