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A person's culture can have an impact on purchasing behaviour.
Gross Margin
The difference between sales revenue and the cost of goods sold, divided by revenue, expressed as a percentage, indicating the financial health and profitability of a company's core activities.
Net Operating Income
The profit realized from a business's operations after subtracting all operation-related expenses from gross income.
Contribution Margin
The difference between sales revenue and variable costs, indicating how much revenue is contributing to the fixed costs and net profit after covering the variable costs.
Gross Margin
The difference between revenue and cost of goods sold divided by revenue, expressed as a percentage, indicating the percentage of sales revenue that turns into profit.
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