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how gross profit margin is 29% after recommendation
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Hello,
I agree with Ian You can find here a good article on the difference between gross prpofit margin and net profit margin: https://www.investopedia.com/ask/answers/122314/what-difference-between-gross-margin-and-net-margin.asp
Best,
Luca
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Groos Profit Margin = Gross Profit / Sales * 100
So, $145.6 million / $501.5 million * 100 = 29%
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