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Gross margin ratio is a financial metric that shows the percentage of revenue that exceeds the cost of goods sold.
Gross margin ratio = (Revenue - Cost of Goods Sold) / Revenue
It indicates how efficiently a company is managing its production costs
A higher gross margin ratio indicates better profitability
For example, if a company has $100,000 in revenue and $60,000 in COGS, the gross margin ratio would be 40%
I applied via Approached by Company and was interviewed before Feb 2023. There were 3 interview rounds.
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I applied via Naukri.com and was interviewed in Feb 2023. There were 3 interview rounds.
I applied via Naukri.com and was interviewed in Feb 2023. There were 3 interview rounds.
posted on 24 Nov 2022
I applied via Naukri.com
Mostly past experience , Situations and Handling
How to increase supply in different situations
I applied via Naukri.com and was interviewed before Oct 2022. There were 3 interview rounds.
I applied via Referral and was interviewed in Jan 2022. There was 1 interview round.
I applied via Naukri.com and was interviewed before Aug 2020. There were 3 interview rounds.
Revenue expected from a room occupied for 50% with an average rent of 1000.
The revenue generated from the room would be half of the total rent, as it is occupied for 50% of the time.
Therefore, the revenue expected would be 500.
To increase revenue, strategies such as offering discounts for longer stays or promoting the room to potential customers can be implemented.
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