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The relationship between sales and profits can be written as:
sales revenue - expenses = profit
Kiara Ruiz
The relationship between sales and profits can be expressed through the profit margin formula, which is (Profit / Sales) x 100. This formula shows what percentage of sales results in profit. A higher profit margin indicates that a company is more efficient at converting sales into profit.
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What is the potential relationship between gross sales and profits?
The potential relationship between gross sales and profits is that as gross sales increase, there is a possibility for profits to increase. However, it is important to note that gross sales alone do not determine profitability. Other factors such as expenses, cost of goods sold, and operational efficiency also play a role in determining the level of profits.
What has the author S Pecault written?
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What has the author Sock Hoon Ler written?
Sock Hoon Ler has written: 'To determine the relationship between advertising expenditure and retail sales in the chocolate confectionery industry in the United kingdom'
Advantages and disadvantages of a business location?
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What is the relationship between store and sales?
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Relationship between market demand market potential and sales forecasting?
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What is the percentage of the sales price paid to the salesperson?
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What is the relationship between purchasing department and finance department?
the relation between purchasing and sales the relation between purchasing and finance
