*(Don't forget to check your Email and WhatsApp daily)* *_Gross Margin_* *Description* : Gross margin is the portion of revenue left after direct costs _(like production or materials)_ are subtracted. *Key Points:* - Formula: (Revenue – Cost of Goods Sold) ÷ Revenue. - High margin = more efficient and profitable business. - Crucial for evaluating product pricing and cost control. - Varies by industry , benchmarks are helpful. *React with 👍🏻 if you find this informative.*