1 To determine the gross profit margin, a business looks at the retail price of its product and subtracts the cost of materials and labor used to produce it. 2  It then divides that by the retail price. 3  For example, if you sell a product for $25, and it costs $20 to make, the gross profit margin is 20% ($5 divided by $25). For example, if you sell a product for $25, and it costs $20 to make, the gross profit margin is 20% ($5 divided by $25). 2  Net Profit Margin: This is often the equation used to determine an entire organizationâs profit margin.
What is the travel distance between Beijing, China and Reykjavik, Iceland? How many miles is it from Reykjavik to Beijing. 4899 miles / 7884.18 km is the flight distance between these two places. Use the Distance calculator given below to find distance between any two cities or places.
The shops and restaurants in downtown Hafnarfjordur are about a five-minute drive, and Keflavik International Airport is 30 minutes away. The home market in Reykjavik is âbooming,â said Jason Kristinn Olafsson, a sales representative with Miklaborg Real Estate. Prices have increased by 10 to 15 percent in the last 18 months, Mr. Olafsson said, and the average sales price is between 40 million and 50 million krona (about $363,000 to $454,000).