Life Interests Testamentary Trusts

QUESTIONS TO ASK YOUR ACCOUNTANT – 10 WEEK SERIES

WEEK 3 – What is my gross profit (gross margin) and what affects it?

 
Gross profit is the difference between sales income and “cost of sales” expenses. 
 
Aim to increase your gross profit margin by either increasing the selling price or decreasing your cost of sales. What could you do to increase your gross profit margin?

 

If you have questions please contact Andrew Marshall or Janine Orpwood at Langley McKimmie Chartered Accountants on (03) 5427 8100 for an initial consultation.

 
We provide accountingand wealth management services to clients in WoodendGisborne and Macedon Ranges areas within Victoria Australia.

 

 


The content within these articles was correct at the time of writing. Please contact us for updated information and advice. 

We provide accounting and wealth management services to clients in Woodend, Gisborne and Macedon Ranges areas within Victoria Australia.

blog archive

Recent Posts

MORE INTERESTING

BLOGS

Looking for the next step to progress your career. Langley McKimmie Chartered Accountants is seeking an experienced Accountant to join our dynamic business services…