you've probably heard the term "profit margin" at some point, but what does it mean? what exactly is a "profit margin" and how is it calculated? once we see it, what is it telling us? is it good? is it bad? how would you know? i've never heard of a profit margin. explain it to me in layman's terms. tell me how to calculate it from financial reports, what it means, and how i can tell if it's good or bad.

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Imagine you run a lemonade stand You buy cups lemons sugar and ice your costs and sell cups of lemonade your revenue Your profit margin is the amount ... View the full answer