Your _____ is the amount that you earn on each product that you sell.

Question

Quizplus · Accepted Answer

Profit margin is the amount of profit earned on each product after deducting the cost of producing or acquiring it. It is calculated by subtracting the cost of goods sold from the selling price and dividing the result by the selling price. It is an important metric for businesses as it helps them determine their profitability and make pricing decisions. Turnover refers to the rate at which inventory is sold and replaced. Yield refers to the amount of product produced relative to the amount of raw material used. Bottom line refers to the net income or profit after all expenses have been deducted.

Your _____ Is the Amount That You Earn on Each