Want this question answered?
Profit Margin ratio is the comparison of profit as a percentage of revenue and calculated as follows Profit Margin ratio = Net Profit/Revenue
£/$6 would be the profit of a restaurant meal
[Gross Profit Ratio = (Gross profit / Net sales) × 100]
cancept of profit valume ratio
Chicken Licken - restaurant - was created in 1982.
4%
net profit/sales
Personally, I like the chicken at The Soup Restaurant. Beats most chicken rice places in my opinion.
13:7
This would completely depend on how far the gross profit ratio decreased in the second year compared to the ratio at the start of the year.
The limitations for the profit margin ratio is in comparing different industries. Profit margins between say a supermarket and an aircraft manufacturer would vary considerably.
My Grandma's Fried Chicken, and the chicken is from Kentucky, the state. Not the Chinese restaurant.