Gross profit margin
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Gross profit margin is the ratio of gross profit (sales minus cost of goods sold) divided by sales.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Gross profit margin. Ratio of gross profit (sales minus cost of goods sold) divided by sales.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
