Managers, analysts, and creditors use gross proﬁt percentage to assess the effectiveness of the company's product development, marketing, and production strategy.

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Gross profit percentage is a common measure used by managers, analysts, and creditors to evaluate a company's operations and overall financial performance. It helps to determine whether a company is generating enough revenue from the sale of its products or services to cover its production costs and other expenses related to marketing and development. By analyzing gross profit percentage over time, stakeholders can assess the effectiveness of a company's strategies and make decisions about investing or lending accordingly.

Managers, Analysts, and Creditors Use Gross Proﬁt Percentage to Assess