How does a business calculate total profit?

How does a business calculate total profit? https://freebusinessbrokers.com.au/wp-content/themes/bb_broker/images/empty/thumbnail.jpg 150 150 Richard Willis Richard Willis https://secure.gravatar.com/avatar/73dcf572eb0c603f2f0ecce600bd4793?s=96&r=g October 30, 2019 July 2, 2020

October 30, 2019
Richard Willis

The profit formula is stated as a percentage, where all expenses are first subtracted from sales, and the result is divided by sales. The formula is: (Sales – Expenses) ÷ Sales, expressed as a percentage.