Gross Profit Margin
Gross profit divided by total revenue, expressed as a percentage.
It grades pricing and direct-cost control: whether the price is right and the per-unit cost is under control.
Taught in
See also
3.6.B.2
Gross profit divided by total revenue, expressed as a percentage.
It grades pricing and direct-cost control: whether the price is right and the per-unit cost is under control.
3.6.B.2