The profit margin on an item the company sells can best be defined as:

Business

2 answers:

Alona [7]3 years ago

6 0

Answer:

B) price of the unit minus cost of goods sold

Explanation:

Profit margin is simply unit price of products less unit cost of sales

aksik [14]3 years ago

3 0

Answer:

The profit margin on an item the company sells can best be defined as:

price of the unit minus cost of goods sold

Explanation:

In order to know the profit margin of an item a company sells, the price sold out would be deducted from the original cost of such goods which gives the profit on such item

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