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3:08
financestrategists.com
Gross Profit vs Gross Margin | Definition and Key Differences
Gross Profit is a “Profitability Ratio” used by investors, analysts, and company management to show how efficiently a company produces an item. It monitors the manufacturing process by subtracting the cost of production, also known as Cost of Goods Sold, from revenue. Gross Profit Margin is more often used. It takes gross profit and divides ...
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