- Industry: Retail
- Number of terms: 13685
- Number of blossaries: 0
- Company Profile:
An accounting term that refers to the difference between retail selling price and the cost of goods sold, expressed as a dollar amount or as a percent of retail sales. Gross margin percentage is computed by dividing gross margin dollars by retail sales dollars. The terms "gross margin", "margins" and "gross profit" are often used synonymously.
Industry:Retail
