Because things expressed in percentages are often easier to grasp than gross numbers normally both variable costs and contribution margin are
expressed as a percentage of revenue.
Not exact matches
Tax: A compulsory contribution to government
revenue, typically
expressed as a
percentage of an individual's income.
Over 61 %
of all concerns made a profit, having a before - tax profit marginoperating
revenue minus other expenses,
expressed as a
percentage of operating
revenue of 12.9 %.