Explain briefly the formulas for retail margin analysis.

Retail margin analysis is a critical component of assessing the financial health and profitability of a retail business. It helps retailers understand how much profit they are making from their sales and provides insights into pricing strategies and cost management. Two primary formulas are commonly used in retail margin analysis: the gross margin and the net margin. Let's explain these formulas briefly:

1. Gross Margin:
The gross margin is a fundamental metric in retail margin analysis that measures the profitability of a company's core business activities - selling goods. It represents the difference between the revenue generated from the sale of goods and the cost of those goods. The formula _________ ___ ______ _______ ________.
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