What is the difference between gross margin and markup?

Question ajoutée par Yazan Ahmad , programmer , wysada
Date de publication: 2017/01/24

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par ibrahim abdallah , Audit Manager , Raja School

Gross margin is a company's total sales revenue minus its cost of goods sold (COGS) and expressed as a percentage.

Mark up is the amount added to the cost price of goods to cover overhead and create a certain profit.

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