How to calculate gross margin? - Universal CPA Review
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How to calculate gross margin? - Universal CPA Review
Gross margin is gross profit divided by revenue. You will need to calculate gross profit first, which is revenue less cost of goods sold (step #1 below): Both gross profit ($) and gross margin (%) are used to assess how much money the company makes on each dollar of revenue after factoring in the cost to make a product. Cost of goods sold ...
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