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.
Basics. Gross margin is a simple financial ratio that shows how much of your periodic revenue is left after you subtract costs of goods sold, or COGS. On a monthly revenue of $40,000 and COGS of $25,000, your gross margin is the $15,000 gross profit divided by the $40,000 revenue.This equals 0.375, or 37.5 percent.HARE SHARE TWEET EMAIL. While effective gross margin is important to bottom line profit, a good gross margin is relative to your expectations. For example, 30 percent may be a good margin in one industry and for one company, but not for another.