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Calculate your gross profit, and your gross profit margin.
The total value of sales made.
The total cost of all items sold.
Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.
Why not get in touch with Quarter Chartered Accountants today for more information.
More than 80 of the UK's largest retailers have written to Chancellor Rachel Reeves regarding the measures announced in the Autumn Budget on 30 October.
UK inflation jumped last month in part due to rising energy prices, according to the latest data from the Office for National Statistics (ONS).