February 2021

Gross Profit Margin: Formula and What It Tells You

Cost of goods sold is the allocation of expenses required to produce the good or service for sale. Costs such as utilities, rent, insurance, or supplies are unavoidable and relatively fixed, while gross profit is dictated by net revenue and cost of goods sold. This means a company can strategically adjust more elements of gross

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Gross Profit Margin: Formula and What It Tells You