Home > Term: gross margin
gross margin
An accounting term that refers to the difference between retail selling price and the cost of goods sold, expressed as a dollar amount or as a percent of retail sales. Gross margin percentage is computed by dividing gross margin dollars by retail sales dollars. The terms "gross margin", "margins" and "gross profit" are often used synonymously.
- Del af tale: noun
- Branche/domæne: Retail
- Category: Supermarkets
- Company: FMI
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