Finance

How do you calculate profit margin? When you are in management, you always face an indicator called profit margin. Do you understand the profit margin correctly? This article is for business owners or managers who want to know about the concept of profit, how to calculate the profit margin, and points to improve the profit … Read more

How do you calculate gross profit? This article explains how to calculate gross profit and the meaning of gross profit. What is gross profit? “Gross profit” in the income statement is the sales amount minus the cost of goods sold. It shows the profit obtained in the business. For manufacturing, the cost of production is … Read more