You calculate the Use Tax by using the New Jersey Sales Tax rate effective at the time of purchase. The net profit margin formula is simple. S2 213500.
That rate is a uniform percentage varies by tax jurisdiction and could be any percentage below 100.
The profit formula is the calculation used to determine the percentage profit generated by a business. This means that for the period analyzed 475 of your sales goes toward expenses. Revenue Selling Price. Businesses calculate profit margins because they make it easier to assess company performance than relying on the actual dollar figures alone.