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how  gross profit margin is 29% after recommendation

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Luca
Coach
on Feb 29, 2020
BCG |NASA | SDA Bocconi & Cattolica partner | GMAT expert 780/800 score | 200+ students coached

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

Ian
Coach
on Feb 17, 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Groos Profit Margin = Gross Profit / Sales * 100

So, $145.6 million / $501.5 million * 100 = 29%

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