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%.
Does gross profit include tax? Gross profit, the accounting term used to represent the profitability of a production process, is one of the three profit metrics that appear as line items on an income statement, which investors use to see how a company is performing. The other two metrics are operating profit and net income.