Get Well Soon Inc. markets health-care aids such as walkers, crutches, and portable oxygen tanks. It is located in a large city with branches in neighboring suburbs. It needs to determine if one of its stores is profitable or if it should be closed. What is the formula for determining profitability?

Profit Margin Percentage

A financial metric expressing the ratio of a company's net income to its revenue, indicating the efficiency at which a company can convert sales into net income.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Segment Profitability

The measure of profit or loss generated by a specific market segment, indicating its financial viability.