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Why is the profit margin important 2024?

Benjamin Anderson | 2023-05-08 00:38:54 | page views：1194
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Charlotte Allen

Studied at the University of Zurich, Lives in Zurich, Switzerland.
Gross profit margin is the percentage of revenue you retain after accounting for costs of goods sold. ... For instance, gross profit of $400,000 on $1 million in revenue equals 0.4 or 40 percent. Gross margin is important because it shows whether your sales are sufficient to cover your costs.
2023-05-09 00:38:54
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Oliver Mason

QuesHub.com delivers expert answers and knowledge to you.
Gross profit margin is the percentage of revenue you retain after accounting for costs of goods sold. ... For instance, gross profit of $400,000 on $1 million in revenue equals 0.4 or 40 percent. Gross margin is important because it shows whether your sales are sufficient to cover your costs.
Why Is the Gross Profit Margin Important to a Company? | Chron.com
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