How to figure out net of tax in accounting?

how to figure out net of tax in accounting

Here's the formula

Description $ %

Gross Sales 100 100

Cost of Goods Sold 50 50

Gross Profit 50 50

Expenses 40 40

Profit before Tax 10 10

Taxes 5 5

Net Profit 5 5

It's the percentage of Gross Sales

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