Nuveen Arizona Dividend Advantage Municipal Fund (NFZ)

14.65 -0.02  -0.14%  May 29, 8:00PM Go Pro
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Nuveen Arizona Dividend Advantage Municipal 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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