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  • Aedv Notes

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    Shraddha Rawat
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    The document outlines a formula for calculating profit, taxes, and evaluating a formula. It defines gross profit as sales minus costs minus wages. It then states that tax is equal to gross profit multiplied by a tax percentage. Finally, it lists evaluating the formula as the last step.

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    The document outlines a formula for calculating profit, taxes, and evaluating a formula. It defines gross profit as sales minus costs minus wages. It then states that tax is equal to gross profit multiplied by a tax percentage. Finally, it lists evaluating the formula as the last step.

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    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
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    5 views1 page

    Aedv Notes

    Uploaded by

    Shraddha Rawat
    The document outlines a formula for calculating profit, taxes, and evaluating a formula. It defines gross profit as sales minus costs minus wages. It then states that tax is equal to gross profit multiplied by a tax percentage. Finally, it lists evaluating the formula as the last step.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Gross P - Tax= Pat

    GP =Sales- Cost - Wages


    Tax = GP * TAX%
    Trade Precedent- Variables affected
    Trade Dependents-
    Evaluate Formula

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