Many of the questions we receive relate to eating and drinking, and how the hospice philosophy considers things like feeding tubes and hydration. Here are some of the most common questions and brief answers- if youâd like to discuss any of these issues in more detail, donât hesitate to give us a call or email us.
The gross margin represents the percent of total sales revenue that the company retains after incurring the direct costs associated with producing the goods and services sold by a company. A company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
Gross margin is the difference between net revenue and cost of goods sold, or COGS, divided by revenue, expressed as a percentage.Generally, it is calculated as the selling price of an item, less the cost of goods sold (production or acquisition costs, essentially).ross Margin (%) = (Revenue â Cost of goods sold) / Revenue. It can be expressed in absolute terms: Gross margin = net sales â cost of goods sold + annual sales return. or as the ratio of gross profit to revenue, usually in the form of a percentage: