Gross Profit Margin: Formula and What It Tells You
It is the profit remaining after subtracting the cost of goods sold (COGS). A low gross margin ratio does not necessarily indicate a poorly performing company. It is important to compare ratios between companies in the same industry assets = liabilities + equity rather than comparing them across industries. Sales create income, yet not all …
Gross Profit Margin: Formula and What It Tells You Leia mais »