User: The first draft of the Civil Rights Act allowed Southern states to continue Jim Crow laws. called for a âGreat Societyâ to honor civil rights. allowed segregation to continue in some public locations. called for more protections for African American voting rights.ser: The first draft of the Civil Rights Act allowed Southern states to continue Jim Crow laws. called for a âGreat Societyâ to honor civil rights. allowed segregation to continue in some public locations. called for more protections for African American voting rights.
Net Profit Ratio. Overview. The net profit percentage is the ratio of after-tax profits to net sales. It reveals the remaining profit after all costs of production, administration, and financing have been deducted from sales, and income taxes recognized.
When gross profit ratio is expressed in percentage form, it is known as gross profit margin or gross profit percentage. The formula of gross profit margin or percentage is given below: The basic components of the formula of gross profit ratio (GP ratio) are gross profit and net sales. Gross profit is equal to net sales minus cost of goods sold. Net sales are equal to total gross sales less returns inwards and discount allowed.