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Ibico 1232 desk calc. How do i calculate gp - Office Equipment & Supplies

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Is this a trick question, were you sleeping in class, or did you forget how to use a search engine??

Gross Profit = Sales - CGS.
Gross Profit Margin = Gross Profit / Total Sales

Company A has sales of $80,000 and a CGS of $60,000. GP=$20,000 and GPM = 25%

Carl

Posted on Oct 01, 2010

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Posted on Jan 02, 2017

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