What is Gross margin?
Gross margin is the difference between [[revenue]] and cost of goods sold. In other words, it's a measure of how much [[profit]] a company makes from each [[Sales|sale]]. The higher the gross margin, the more profitable the [[company]]. To calculate gross margin, simply take your total revenue and subtract your total costs. This will give you your [[gross profit]]. From there, divide your gross profit by your total revenue to get your gross margin percentage.<ref>{{Cite web|title=Gross Margins|url=https://www.jika.io/dictionary/Gross%20Profit%20Margin|website=Jika.io}}</ref> == References == <references /> [[Category:Accounting]]