What does it mean to have a high profit margin 2024?
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A high gross profit margin is one of the best indicators that a company is in good financial health. It is the ratio of gross profit in a given period to revenue, and it is used as a measure of profitability. A high gross profit margin indicates your company is efficient in the manufacturing and distribution processes.
2023-05-14 00:39:04
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Alex Smith
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A high gross profit margin is one of the best indicators that a company is in good financial health. It is the ratio of gross profit in a given period to revenue, and it is used as a measure of profitability. A high gross profit margin indicates your company is efficient in the manufacturing and distribution processes.