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Gross Profit Margin Percentage

oboloo Glossary

Gross Profit Margin Percentage

Gross Profit Margin Percentage is a key metric in business that shows the amount of money earned after subtracting all direct costs associated with producing a product or providing a service. Put simply, it’s what you get to keep when all your other expenses are taken out. This critical indicator tells you whether your company is on track to achieve its financial targets – if it’s too low, then you know that adjustments need to be made somewhere in your operations. With an optimal Gross Profit Margin Percentage, you can ensure your business is running smoothly and efficiently.

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