Gross profit equals sales minus costs related to the sale (in the case of a body shop, labor, parts, materials and sublet). If you divide that number by sales, it equals gross profit percent.

Insurers are no longer treating your electrical panel as a background detail. As fire losses climb and construction costs ...

When maintenance welding required cutting into the hull of a Navy submarine, John Bartly knew there had to be an easier way. Mr. Bartly supervises 15 welding engineers as a U.S. Navy employee on Mare ...

You hit 30 and for whatever reason it seems like you've gotta take deviled eggs everywhere. I can't explain it, I just live ...

Michael Evans writes about insurance and other finance topics for Investopedia. An insurance industry veteran, he has covered personal finance for more than 20 years for publications including ...