gross profit

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August 29, 2016 at 11:03 am #335938
firelion28
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Sir what exactly is the gross profit margin, I know it is the percentage of profit as sales. But in simple terms is what a percentage of profit of whatever is left after ( sales – cost of sales). But I dont understand why as a percentage of sales?
August 29, 2016 at 1:38 pm #336014
John Moffat
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I am sorry but I don’t understand your question.

All companies selling goods will want to know their gross profit margin – they will normally want to try and increase it (either by increasing selling price or by cutting costs).
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