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.
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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