FIFO LIFO average-cost but gross margin?

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FIFO LIFO average-cost but gross margin?

I do know how to compute the ending inventory and cost of goods sold under the three method ( FIFO LIFO average-cost) but i have no idea how to compute GROSS MARGIN.

Please help!!!

2007-12-08 18:14:06 · 3 answers · asked by ¦N ¤Ray 1 in Business & Finance ➔ Other - Business & Finance

3 answers

Gross margin is the same as gross profit margin. You have the COGS. Gross margin is Net sales minus COGS.

2007-12-09 01:04:54 · answer #1 · answered by Sandy 7 · 1⤊ 0⤋

Compute Gross Margin

2016-10-15 01:19:16 · answer #2 · answered by lakey 4 · 0⤊ 0⤋

2016-05-22 06:50:59 · answer #3 · answered by ? 3 · 0⤊ 0⤋