What Is A Good Advertising To Sales Ratio? Advertising to sales ratio of the industry as a whole can help a new company determine how much it should spend on marketing and advertising. Industry experts suggest that a company should aim to spend 3-6% of their sales on advertising. What percentage of turnover should be
How Is Sales Ratio Calculated? By dividing the costs of selling to the total value of sales – and then multiplying the result by 100, you will get the ratio you were looking for. So, the formula should look like this: (Cost of selling / Total value of sales) x 100. How do you calculate
What Are The Different Ratios Used In Ascertaining Profit Prior To Incorporation? Steps may be suggested for ascertaining profit or loss prior to incorporation: Step I: Step II: Calculate the following two ratios: (i) Sales Ratio: (ii) Time Ratio: Step III: How do you calculate gross profit before incorporation? Gross profit minus the total of