Question

What Is Gross Profit Margin?

Answer 1

Answer:

Gross margin is the difference between revenue and cost of goods sold divided by revenue. Gross margin is expressed as a percentage. Generally, it is calculated as the selling price of an item, less the cost of goods sold. Gross Margin is often used interchangeably with Gross Profit, but the terms are different.

Answer 2

Explanation:

$\mathbb{ \ \ A\ N\ S\ W\ E\ R\: \: }$

Gross Profit Margin accounts for only Cost of Goods sold.