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Profit margin

Hello!

Shouldn't profit and profit margin/well be = (Profit/well) / (Revenue/well) ? The solution has it equal to (Revenue/well) / (Cost/well). Also, (Profit/well) / (Cost/well) would be the mark-up, right?

Thank you for answers in advance!

Hello!

Shouldn't profit and profit margin/well be = (Profit/well) / (Revenue/well) ? The solution has it equal to (Revenue/well) / (Cost/well). Also, (Profit/well) / (Cost/well) would be the mark-up, right?

Thank you for answers in advance!

1 answer

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I think you are correct. Probably some typo in the case (not impossible)

I think you are correct. Probably some typo in the case (not impossible)

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