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.
Formula: For the purpose of this ratio, net profit is equal to gross profit minus operating expenses and income tax. All non-operating revenues and expenses are not taken into account because the purpose of this ratio is to evaluate the profitability of the business from its primary operations.ormula: For the purpose of this ratio, net profit is equal to gross profit minus operating expenses and income tax. All non-operating revenues and expenses are not taken into account because the purpose of this ratio is to evaluate the profitability of the business from its primary operations.