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The Gross Profit Margin Formula: A Complete Guide to Understanding Business Profitability | #gp margin formula

The Gross Profit Margin Formula: A Complete Guide to Understanding Business Profitability

The Gross Profit Margin Formula: A Complete Guide to Understanding Business Profitability

higher gross margin indicates that a company retains more capital per dollar of sales, which can be used to fund operating expenses like marketing, research, and administration.

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