How do you calculate profit margin 2024?
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Studied at the University of Cape Town, Lives in Cape Town, South Africa.
How to calculate profit marginfind out your COGS (cost of goods sold). ... find our your revenue (how much you sell these goods for, for example $50 ).calculate the gross profit by subtracting costs from revenue. ... divide gross profit by revenue: $20 / $50 = 0.4 .express it as percentages: 0.4 * 100 = 40% .More items...
2023-05-13 00:39:23
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Benjamin Stewart
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How to calculate profit marginfind out your COGS (cost of goods sold). ... find our your revenue (how much you sell these goods for, for example $50 ).calculate the gross profit by subtracting costs from revenue. ... divide gross profit by revenue: $20 / $50 = 0.4 .express it as percentages: 0.4 * 100 = 40% .More items...