Question
Trying to calculate Gross margin as a percent for Starbucks corp. I am using total ((revenue-COGS)/total revenue)*100 . I get 22.73% with the given information
Trying to calculate Gross margin as a percent for Starbucks corp. I am using total ((revenue-COGS)/total revenue)*100 . I get 22.73% with the given information from 2018 Total revenue is 24.72B COGS 19.1B. Is this the correct formula? When I use the % button on excel it turns it to 2273% should I not use that button?
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School Finance And Business Management Optimizing Fiscal Facility And Human Resources
Authors: Craig A. Schilling, Daniel R. Tomal
2nd Edition
1475844026, 978-1475844023
