Traditional Culture Encyclopedia - Traditional festivals - Is the gross profit margin 0.5 high?
Is the gross profit margin 0.5 high?
The gross profit margin is 0.5 in the middle and high level. According to relevant information, different industries have different requirements for gross profit margin. 50% of the gross profit margin of commercial enterprises is medium, and 50% of the gross profit margin of manufacturing industry is very high. Generally speaking, the higher the gross profit margin, the better, because the higher the gross profit margin, the greater the total profit of the company.
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