Instead of thinking about one field changing in response to the change of the other, it is more correct to say that. whenever the magnetic field is changing, so is the electric field, and vice versa.The way these fields change is governed by Maxwell's equations.This way, we do not arrive at the confusion OP has.nstead of thinking about one field changing in response to the change of the other, it is more correct to say that. whenever the magnetic field is changing, so is the electric field, and vice versa.
Gross profit = net sales â cost of goods sold. Gross profit percentage = [(net sales â cost of goods sold)/net sales] Ã 100%.
Gross Profit is revenue minus the cost of making a product or selling a service. This is profit earned after direct expenses such as manufacturing labor, materials, supplies and some direct overhead costs are subtracted from revenue. These direct costs are usually referred to as Cost of Goods or Cost of Sales.