Cost of Sales. The cost of sales for the three-months ended June 30, 2014 was $325,381 compared to $169,930 for the three- months ended June 30, 2013 reflecting an increase of $155,451 or 91.5%. The increase in cost of sales during the second quarter of 2014 is attributed to the greater GTC website sales volume.
This is the profit margin? Cost of sales has to go up 91% to increase sales 65%
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