What is Net Profit? Importance, Formula & Example
In such cases, it would be more appropriate to consider it as a percentage of sales. It also shouldn’t be used as a measure of how much cash a company earned during a given period, as it accounts for non-cash expenses, like depreciation. For 2017, by taking net sales of $177.9 billion and subtracting operating […]
What is Net Profit? Importance, Formula & Example Read More »