answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What does mean margin markup or penny profit?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What does profit margin mean?

Profit margin means the amount of profit you make measured in a percentage. This can include:Gross Profit marginNet Profit marginMarkup Profit margin


On the income statement net sales minus cost of goods sold equals?

=Profit Margin, but the question to you what if COGS=Sales what this means? or in other words what does it mean having Profit Margin=0?


What is the difference in gross profit and net profit?

GROSS PROFIT Gross Profit is the difference between Net Sales and Cost of Goods Sold. First, Net Sales is calculated by subtracting Sales returns and allowances from Sales. Sales - Sales Returns and Allowances = Net Sales Next, Gross Profit is calculated by subtracting Cost of Goods Sold from Net Sales. Net Sales - Cost of Goods Sold = Gross Profit Gross Profit is expressed as a dollar figure, like $100. If Cost of Goods Sold exceeds Net Sales, Gross Profit figure will be negative. PROFIT MARGIN Profit Margin is not a dollar figure. Profit Margin shows the percentage of each sales dollar that results in net income. First, Net Income is calculated by subtracting Operating Expenses from Gross Profit. Gross Profit - Operating Expenses = Net Income Next, the Profit Margin ratio is constructed, and the result is expressed as percentage. Net Income : Net Sales = Profit Margin For example, assume that Net Income equals $10,000 on Net Sales of $100,000. In this case Profit Margin equals $10,000 : $100,000 = 0.10 = 10%. GROSS PROFIT MARGIN Terms "Gross margin" and "Gross profit margin" have been invented by some enterprising accounting students. These terms are part of accounting jargon in some colleges. The meaning of those terms is very liberal, - it means whatever one wants it to mean. For example, "Gross Profit" may mean either Gross Profit or Profit Margin. Most likely, it means that the speaker does not know the meaning of either one of the terms. But "Gross Profit Margin" surely takes the cake. It's just a mouthful piece.


What does ethical considerations mean?

Ethical considerations mean taking into account the morality of an action before taking. This means a business looks not only at its profit margin but also at the effect of the action on its employees, customers, and the community.


What do the letter HTML mean?

Hypertext Markup Language.


What does full HTML mean?

HyperText Markup Language


What does the HTML mean?

Hyper Text Markup Language


What is the difference between margin and margin?

The difference between Gross Profit Margin and Operating Profit Margin is that the gross profit margin accounts for only Cost of Goods sold, but the Operating Profit Margin accounts for both Cost of Goods sold and Administration/Selling expenses.


Will the government stop making pennies?

No, the reliance on the penny is deeper rooted then sentimental value. Everyday stocks are traded worldwide and changes in penny values can mean thousands or even millions of dollars in profit or loss. The penny mark cannot be done away with. It never will. They may change the penny to steel but .01 is an important number economically.


What does buying on margin mean?

Buying on margin is borrowing money from a broker to purchase stock.


What does Margin Balance mean?

A positive margin balance is the amount owed to you by the brokerage. A negative margin balance is the amount owed to the brokerage by you.


What does the abbrieveation HTML mean?

HTML stands for "Hypertext Markup Language".