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How do you calculate profit margin 2024?
Questioner：Isabella Phillips 2023-05-08 00:39:23
The most authoritative answer in 2024
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Ethan White——Works at the International Labour Organization, Lives in Geneva, Switzerland.
How to calculate profit marginfind out your COGS (cost of goods sold). ... find our your revenue (how much you sell these goods for, for example $50 ).calculate the gross profit by subtracting costs from revenue. ... divide gross profit by revenue: $20 / $50 = 0.4 .express it as percentages: 0.4 * 100 = 40% .More items...read more >>+119962023-05-08 00:39:23
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