I have cost of a project based on the year 2005, i want to use the same data today, how can i calculate projected cost. What are the factors to be considered while calculating projected cost, like inflation etc.
A quick, down and dirty method is to multiply cost by three. This will ensure a profit even if the product is delayed by marketing failures, slow sales, or loss of shelf space. A cost might be...
(Revenue-Cost of goods sold)/Revenue Subtract COGS from revenue and then divide by revenue. You'll get a decimal fraction. Convert that number into a percent, and there's your gross margin.