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Calculation problem

BashBash Just JoinedRegistered Posts: 1
Hi guys....if you are given 2 net profits for previous year and current year and you have the sales figure for the current year...how would you work out the sales figure for the previous year....hopr this makes sense...please help

Comments

  • BluewednesdayBluewednesday Font Of All Knowledge Registered Posts: 1,624
    You can only make an estimate by using the net profit margin from the set of figures that you have and applying it to the net profit to give you the turnover.

    It won't be 100% accurate but it's the only thing you can do with that little amount of information
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