Gross Profit Formula: How To Calculate Gross Profit Margin
Gross profit is that the revenue a business brings in after covering the expenses required to form a purchase . Simply put, gross profit margin may be a business’s total sales, less the value of products sold.
Seems easy enough, right? It are often . But, how does one calculate gross profit margin margin exactly? That’s where the gross profit formula comes in. WHAT IS THE gross profit margin FORMULA? The equation for calculating gross profit margin is simple: Sales – Cost of products Sold = gross profit margin, In order to completely understand gross profit margin , you’ve got to know the dRead More…