Question
Externally Funded Profit Margin = Profit/Net sales (or revenue) X 100 2015-2016- 453622/6679622 x 100% = 2016-2017- 466244/6238622 x 100% = 2017-2018- 653066/6412822 x 100%
Externally Funded
Profit Margin = Profit/Net sales (or revenue) X 100
2015-2016- 453622/6679622 x 100%
=
2016-2017- 466244/6238622 x 100%
=
2017-2018- 653066/6412822 x 100%
=
2018-2019- 1047828/6620762 x 100%
=
2019-2020- 520908/5699080 x 100%
=
2020-2021- 292239/5997331 x 100%
=
2021-2022- 209455/6143216 x 100%
=
2022-2023- 146051/6162596 x 100 %
=
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Financial Accounting Theory
Authors: William R. Scott
7th edition
132984660, 978-0132984669
