The gross profit margin is the percentage of each sales dollar that a firm earns in profit after all expenses have been paid.

Name: The gross profit margin is the percentage of each sales dollar that a firm earns in profit after all expenses have been paid.
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The gross profit margin is the percentage of each sales dollar remaining after a firm has paid for its goods, specifically reflecting the difference between sales and the cost of goods sold, not after all expenses have been paid.

The Gross Profit Margin Is the Percentage of Each Sales