Profit increase rate formula
Gross profit percentage is the formula which is used by the management, investors and financial analysts to know the financial health and profitability of the company after accounting for the cost of sales and is calculated by dividing the gross profit of the company by its net sales. Gross profit rate? How about a couple quick definitions: Gross Profit is Sales less Cost of Goods or Cost of Services. Gross Margin is Gross Profit divided by Sales. Here’s the math again …