Net profit ratio = 10%; what does this mean?
Answer: 10% of net sales is net profit and the remaining 90% is spent on COGS and expenses.
Net profit ratio = 10%; what does this mean?
Answer: 10% of net sales is net profit and the remaining 90% is spent on COGS and expenses.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.