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anastassius [24]
3 years ago
15

What's the formula to find GP?????​

Mathematics
2 answers:
Nastasia [14]3 years ago
7 0

Answer:

hello there!

i hope my answer will help you :)

Step-by-step explanation:

DEFINATION- Gross profit margin is a profitability ratio that measures how much of every dollar of revenues is left over after paying cost of goods sold.

- - - - -

FORMULA- Gross profit margin is calculated by subtracting cost of goods sold (COGS) from total revenue and dividing that number by total revenue.

- - - - -

THE IMAGE BELOW IS THE MATHEMATICAL REPRESENTATION IN CALCULATION OF THE STATED FORMULA

Mrrafil [7]3 years ago
4 0
Nfhwfbcuebfbdhwjbfudkwndjcie
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