calculating gross profit margin and gross profit margin percent
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Gross Margin20142013Revenue$54,486100%$77,875100%Cost of Goods Sold41,35476%47,55261%Gross Margin$13,13224%$30,32339%
Research Development3,0466%2,4763%Selling, General, and Administrative Expenses3,0286%4,4046%
Operating Margin$7,05813%$23,44330%
Interest Expense4651%4671%Other Income and Expense3681%3,6515%
Net Profit$6,22511%$19,32525%
MarkUpCost of product440.00410.00Selling price600.00520.00Markup36%27%Revenue600.00520.00Cost of Goods Sold440.00410.00Gross Margin160.00110.00Gross Margin Percent27%21%