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.