Definition of ‘Gross Margin’
Gross margin is the difference between revenue and variable costs. It is the real income of a business.
Gross margin is sometimes referred to as gross profit.
Template Gross Margin Definition
The gross margin definition for use in the financial projections template is the difference between the revenue and the cost of sales.
At a product level it represents the difference between the selling price of your product and its purchase cost or its manufacturing cost.
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