Accounting for IGCSE & O level - Advanced Principles (Section 3 - No. 47)
What is the formula for calculating the profit margin for the year in revenue?
Gross Profit / Revenue * 100
Profit for the year / Revenue * 100
Revenue / Profit for the year * 100
Capital Employed / Profit for the year * 100
Paaiškinimas
The formula for profit margin is profit for the year / revenue * 100