Paper 2 Flashcards
1
Q
Gross Profit
A
Sales revenue - Costs of sales
2
Q
Gross Profit Margin
A
(Gross profit ÷ Sales revenue) x 100
3
Q
Net Profit
A
Gross profit - Other operating expenses and interest
4
Q
Net Profit Margin
A
(Net profit ÷ Sales revenue) x 100
5
Q
Average Rate of Return
A
(Average annual profit (Total profit ÷ No. of years) ÷ Cost of investment) x 100
6
Q
Percentage Growth
A
(Increase in size ÷ Original size) x 100
