Apollo Senior Floating Rate Fund (AFT)

17.70 -0.14  -0.78%  May 25, 11:00PM Go Pro
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Apollo Senior Floating Rate Fund Gross Profit Margin

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About Gross Profit Margin

Gross profit margin is the difference between sales and the cost of goods sold divided by revenue. It expresses the relationship between gross profit (sales - cost of goods sold) and sales revenue. More specifically, gross profit margin represents the percentage of each dollar of a company's revenue that is available to cover fixed costs after paying for the goods or services that were sold.

If a company produces widgets and earns $32 million in sales but pays $24 million for the items sold, then the company's gross profit margin would be ($32m - $24m)/$32m = %25.
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AFT News

$AFT http://stks.co/2Loj Broke out of wedge yesterday and backtesting today daily chart
about 107 days ago by SunriseTrader
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