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Card 26

Front

What is the formula for gross profit?

Back

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Card 27

Front

What is the formula for net profit?

Back

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Card 28

Front

What is profit percentage used to measure?

Back

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Card 29

Front

Gross profit percentage = ....

Back

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Card 30

Front

Net profit percentage = ....

Back

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Card 31

Front

Give 1 thing a balance sheet can tell you about a business

Back

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Card 32

Front

What is a fixed asset?

Back

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Card 33

Front

What is a current liability?

Back

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Card 34

Front

What are assets?

Back

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Card 35

Front

Give 2 examples of fixed assets

Back

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