What is the difference between profit margin , gross margin , and revenue ?
In: 135
Say you’re selling books
Revenue is the total money you made from books this month
Gross Margin is Revenue for the month, minus the price it cost for you to get the books (think the mark-up on books).
Profit Margin is what’s left of Revenue when there’s nothing left to pay off; what you keep for the business after you have paid all of your wages, bills, and fees.
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