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We had a profit in the ANNUAL SALES of this year.

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We had a profit in the ANNUAL SALES of this year.

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((cur ann sales-pre ann sales) / cur ann sales )* 100

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You can figure annual sales in various ways. The easiest way is by adding the opening stock to the purchases. You should them subtract the closing stock for the year and you will get the annual sales.

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Annual sales refers to the total sales have been made in a given year. When you deduct the expenditure from annual sales, you would be able to get your profit for the year.

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