Theme 2 - Formulas Flashcards by Manreet Baidwan

Q

Average Rate of Return (%)

A

(average annual profit/cost of investment) X 100

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Q

Average Annual profit

A

total profit of the investment/number of years

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Q

Cost of Sales

A

sales revenue - gross profit

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Q

Gross Profit

A

sales revenue - cost of sales

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Q

A

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