|
2009 |
2010 |
2011 |
||
|
1 |
Sales |
100.00 |
100.00 |
100.00 |
|
2 |
Cost of goods sold |
64.50 |
62.40 |
59.20 |
|
3 |
Expenses |
27.50 |
25.60 |
25.00 |
|
4 |
Net profit-(1-2-3) |
8.00 |
12.00 |
15.80 |
|
Net profit to sales %-(4/1) |
8.0% |
12.0% |
15.8% |
As per the above calculation, we can deduce that net profit for the company has increased over the 3 year period.