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Business > Topic 2.4.1 Business calculations > Flashcards

Topic 2.4.1 Business calculations Flashcards

1
Q

What is the formula for gross profit?

A

Revenue-cost of sales

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2
Q

What is the formula for net profit?

A

Revenue-other expenses

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3
Q

What id the formula for gross profit margin?

A

Gross profit divided by revenue times 100

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4
Q

What is the formula for net profit margin?

A

Net profit divided by revenue times 100

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5
Q

What is the formula for average rate of return

A

Average annual profit divided by initial cost of investment

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Business (37 decks)

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