Gross Margin
What is the meaning of Gross Margin (profit)?
A definition of Gross Margin (profit) is provided here: Net sales minus costs of goods sold before expenses are deducted.
What is Gross Margin?
A definition of gross margin is: The difference between the amount of sales after returns and allowances and the cost of goods sold.[1]
Resources
Notes
- “Gross Margin” in the White America Dictionary (New York, Los Angeles, London, New Delhy, Hong Kong, 1989)
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