Accountancy Forum

Hi There!

If I know the gross margin to be $30,000, how do I find the gross margin percentage?

Is it as simple as 30%?

The information that I know is as follows
Sales
less COGS
Gross Margin
less operating expenses
operating income
less interest expense
income before taxes
less tax expenses
net income

Thank you!

gross margin percentage = Gross Margin/SalesX100

whenever percentage of anything required in P/l just divide it with sales
for e.g
when u required Gross profit percentage then divide G.p by sales
similarly when N.p percentage is required then divide N.p with sales. if COGS percentage is required then Divide COGS with sales.