Gross profit margin (also gross margin, gross profit rate) indicates the value added by sales and is helpful in pricing and marketing planning.
$$Gross\; profit\; margin \mmlToken{mo}[linebreak="auto"]{=} \frac{Net\; sales - COGS}{Net\; sales}$$
COGS (cost of goods sold; cost of sales) - the cost of goods or services sold.
Playful learning for kids. Get the App!
TeddyBase is a playful educational app for iPhone and iPad, developed by calkoo.com team — perfect for kids and families to explore, learn, and imagine together! Learn colours, letters, shapes and more!
