1 To determine the gross profit margin, a business looks at the retail price of its product and subtracts the cost of materials and labor used to produce it. 2  It then divides that by the retail price. 3  For example, if you sell a product for $25, and it costs $20 to make, the gross profit margin is 20% ($5 divided by $25). For example, if you sell a product for $25, and it costs $20 to make, the gross profit margin is 20% ($5 divided by $25). 2  Net Profit Margin: This is often the equation used to determine an entire organizationâs profit margin.
What is the travel distance between Beijing, China and Reykjavik, Iceland? How many miles is it from Reykjavik to Beijing. 4899 miles / 7884.18 km is the flight distance between these two places. Use the Distance calculator given below to find distance between any two cities or places.
By car. The drive from Reykjavik to Akureyri is pretty straightforward â just follow Route 1 north â and takes about 6 hours, depending on road conditions and the number of stops. The distance is about 250kms.By bus. The bus between Reykjavik and Akureyri takes 5.5-6 hours depending on the time of year.Prices fluctuate with the seasons as well. Expect to pay about 10,400 ISK (or $80 US) during summer and slightly less during winter.By plane. Flying is by far the easiest and fastest way to get from Reykjavik to Akureyri, and itâs actually cheaper than taking the bus in many instances.rices fluctuate with the seasons as well. Expect to pay about 10,400 ISK (or $80 US) during summer and slightly less during winter. By plane. Flying is by far the easiest and fastest way to get from Reykjavik to Akureyri, and itâs actually cheaper than taking the bus in many instances.