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on the g margin ques. i want to know why g. margin is diff. than profit. if my profit is 100 why isnt my gmarg?
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- ?Lv 71 decade agoFavorite Answer
Gross Margin is the difference between the selling price of an item of merchandise, whereas profit is what remains after CoGS (Cost of Goods Sold) and other expenses are subtracted.
Remember:
Revenue - (CoGS + Expenses + Taxes + Interest) = Profit
- 1 decade ago
G margin is sales less cost of inventory. To get profit just deduct all
expenses from this
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