Business Studies - Section Eight - Profitability Ratios
- Created by: Holly Thurston
- Created on: 28-04-13 14:31
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- Gross profit margin ignores indirect costs. Profit margins basically show you what happens to each pound spent by a customer.
- There are two types - the first of these is gross profit margin...this is the fraction of every pound spent by customers that doesn't go directly towards making a product. Gross profit margin = gross profit / sales…
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