how gross profit margin is 29% after recommendation
Overview of answers
Upvotes
Best answer
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
Was this answer helpful?
Groos Profit Margin = Gross Profit / Sales * 100
So, $145.6 million / $501.5 million * 100 = 29%
Was this answer helpful?
Content Creator
BCG |NASA | SDA Bocconi & Cattolica partner | GMAT expert 780/800 score | 200+ students coached
59
Meetings
2,935
Q&A Upvotes
32
Awards
19 Reviews