Nuveen Dividend Advantage Municipal Fund 2 (NXZ)

15.19 -0.04  -0.26%  May 30, 5:20PM Go Pro
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Nuveen Dividend Advantage Municipal Fund 2 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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Recent Quotes

Symbol Price Chg Chg % Market Cap
NXZ 15.19 -0.04 -0.26%
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NVLS 42.29 -1.21 -2.78% 3.080B
NVJ 15.54 -0.05 -0.30%
NVEC 51.74 -1.01 -1.91% 254.26M
NVE 17.09 -0.16 -0.93% 4.071B
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