Gross profit margin is the same as the gross profit amount.

Name: Gross profit margin is the same as the gross profit amount.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Gross profit margin is a percentage that represents the proportion of money left over from revenues after accounting for the cost of goods sold, whereas gross profit amount is the actual dollar amount of revenue left over after accounting for the cost of goods sold.

Gross Profit Margin Is the Same as the Gross Profit