Probability Flashcards
1
Q
What is a Gross Profit Margin?
A
Gross profit expressed as a percentage of revenue
2
Q
What is a Operating Profit Margin?
A
Operating profit expressed as a percentage of revenue
3
Q
What is a Profit for the year margin?
A
Profit for the year expressed as a percentage of revenue
4
Q
What is a statement of comprehensive income?
A
A financial document showing a companies income and expenditure over a period of time
5
Q
What is meant by revenue?
A
The income or turnover of a business
