ACCOUNTING BASICS for Beginners (Whole Playlist) - GROSS PROFIT MARGIN: a Simple Explanation

👉 Confused by accounting? Download this free cheat sheet: https://accountingstuff.com In this video you'll learn what 'Gross Profit Margin' is and I'll show how to calculate it with examples. This is the start of a new series covering Financial Ratios. 🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel 🔗Financial Ratios Playlist → https://www.youtube.com/playlist?list=PL5zKSeS09l32wo_GgikQ_LgYYW6YXzxDc ⏱️TIMESTAMPS 00:00 - Intro 00:13 - Gross Profit Margin Definition 01:02 - What is Profit? 01:22 - What is Profit Margin? 02:26 - What is Gross Profit? 03:13 - What is Gross Profit Margin? 04:00 - Example: Gross Profit Margin 04:45 - Comparison: Year on Year 05:30 - Comparison: Different Businesses 06:26 - What Decreases Gross Profit Margin? 07:03 - What Increases Gross Profit Margin? 🔝 CLOUD ACCOUNTING SOFTWARE ▪ XERO (Free Trial / Discount) → https://xero5440.partnerlinks.io/08mfchsgfw8z ▪ QuickBooks Online USA (Free Trial / Discount) → https://geni.us/quickbooksonlineusa ▪ QuickBooks Online Canada (Free Trial / Discount) → https://geni.us/quickbooksonlinecanada 🔎FAQ ▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m 🚶FOLLOW ME ON ▪ Instagram → https://www.instagram.com/accountingstuff ▪ TikTok → https://www.tiktok.com/@accounting_stuff ▪ Facebook → https://www.facebook.com/thisisaccountingstuff/ 🎬LEARN ACCOUNTING BASICS FOR FREE ▪ The Full Playlist → https://www.youtube.com/playlist?list=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb ________________________ DISCLAIMER Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you! ________________________ #accounting #accountingstuff #financialratios