GROSS MARGIN is the ratio of gross profit to sales revenue. (sometimes used as a synonym for gross profit). For a manufacturer, gross margin is a measure of a companys efficiency in turning raw materials into income; for a retailer it measures their markup over wholesale. GROSS MARGIN is gross income divided by net sales, expressed as a percentage.
INTRACOMPANY means occurring within or taking place between branches or employees of a company.
DAC, in accounting, is an acronym for Deferred Acquisition Costs.
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