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Lv 6
? asked in Business & FinanceOther - Business & Finance · 7 years ago

How to calculate net income as a percentage (equation)?

For example: net income was $11 040 and sales were $184 000. What is the net income as a percentage of sales?

Also what is the equation? Thanks

2 Answers

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  • John
    Lv 7
    7 years ago
    Favorite Answer

    11.040 / 184,000 = 0.06 = 6%

  • don_sv_az
    Lv 7
    7 years ago

    NetIncome% = (NetIncome/Sales)*100

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