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unit 2
Profit
Profit margin
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Subdecks (3)
Net profit margin
Business > unit 2 > Profit > Profit margin
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Operating profit margin
Business > unit 2 > Profit > Profit margin
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Gross profit margin
Business > unit 2 > Profit > Profit margin
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Cards (11)
What is profit margin
The
ratio
of profit over
revenue
- allows a
business
to
compare
their
profits
in relation to
revenue
Why does a business need to know all these types of profit margin
Helps to know
status
of the
business
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