Go to Top

Accountancy Terms and Formula

accounting formula

ACCOUNTANCY TERMS AND FORMULA.

Confused with accountancy terms and formula?

Here are a few examples to help:-

Growth 

1          % change in sales                               =                       sales Yr2 – sales Yr1               %

sales Yr1

Profitability

1          gross profit %                                     =                      gross profit                                %

sales

2          operating profit %                              =                         operating profit                       %

sales

3          net profit %                                         =                     net profit after interest & tax    %

sales

Do you as a company director leave time to set out your budgets and company objectives? Need help with this? Are you working too much in the business to get to grips with this?

It may be time to make that initial no cost, no obligation appointment with John Barnes.