FOC Definition

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FOC see FLAG OF CONVENIENCE.

Learn new Accounting Terms

PROFIT MARGIN ON SALES is: a. Gross Profit Margin on Sales = Gross Profit/Sales * 100; or, b. Net Profit Margin on Sales = Net Profit After Tax/Sales * 100. See also GROSS PROFIT MARGIN ON SALES.

TIME SERIES is an ordered sequence of values of a variable at equally spaced time intervals.

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