Resolved Question

Bookkeeping Net Profit Question?

i know to work out the net profit ratio you divide the net profit by the sales ie £18,000/£30,000 = 60%, but what if the net profit is at a loss ie (£500), how is the ratio worked out?

Best Answer - Chosen by Asker

Same way.

(500) / 30,000 = (1.667%)

That's a negative 1.667%

Source(s):

There are currently no comments for this question.

Other Answers (0)

No other answers.