SLO 6.2. For an organization with revenue of $100 million, purchases of $60 million, and profit of $8 million before tax, a 10 percent reduction in purchase spend would result in an increase in profit of: a.10 percent b.36 percent c.57 percent d.60 percent e.75 percent
SLO 6.2. For an organization with revenue of $100 million, purchases of $60 million, and profit of $8 million before tax, a 10 percent reduction in purchase spend would result in an increase in profit of:
| a.10 percent b.36 percent c.57 percent d.60 percent e.75 percent |
INCOME STATEMENT
Income Statement is one of the Important Financial Statement of the Company. Income Statement Show's the profitability of the Company. Income Statement includes Total Revenue From Operation and Total Expenses related to Business Operation.
Gain & Loss under income Statement is Computed :—
= Total Revenue From Operation - Total Expenses related to Business Operation.
Percentage Change in Profit is Computed :—
= {(New Profit - Previous Profit) ÷ Previous Profit} * 100
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