Question

The profit margin on an item the company sells can best be defined as:

A)labor costs minus total debt payments
B) price of the unit minus cost of goods sold per unit
C)the price of the unit
D) the cost of goods of sold per unit

Answer 1

B) price of the unit minus cost of goods sold per unit

Step-by-step explanation:

Profit margin is basically the difference between unit value of sales and the unit value of cost of sales