Revenue and profit

You want a better idea of what Acropolis Retail has achieved in terms of sales. Your task is to explore initial revenue and profit values from sales in 2020.

You can calculate these values as follows:

\({Revenue = quantity\;of\;units\;sold\;\;\times\;\;selling\;price}\)

\({Gross\;Profit = Revenue - COGS }\)

COGS has to be applied across all units sold when calculating profit.

We recommend you to keep working in your own workbook but if you lost progress you can open 1_3_COGS_solution.twbx from the Workbooks folder on the Desktop.