Question
Profit Margin = Profit/Net sales (or revenue) X 100 2015-2016- 453622/6679622 x 100% = 2016-2017- 203244/1351622 x 100% = 2017-2018- 0/1398756 x 100% = 2018-2019-
Profit Margin = Profit/Net sales (or revenue) X 100
2015-2016- 453622/6679622 x 100%
=
2016-2017- 203244/1351622 x 100%
=
2017-2018- 0/1398756 x 100%
=
2018-2019- 0/1602000 x 100%
=
2019-2020- 0/160200 x 100%
=
2020-2021- 0/160200 x 100%
=
2021-202- 0/160200 x 100%
=
2022-2023- 0/160200 x 100%
=
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Accounting In Emerging Economies
Authors: Mathew Tsamenyi
1st Edition
1849506256, 9781849506250
