Prince Albert Canning PLC had a net loss of 13,482 on sales of 138,793 (both in thousands

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Prince Albert Canning PLC had a net loss of £13,482 on sales of £138,793 (both in thousands of pounds). What was the company's profit margin? Does the fact that these figures are quoted in a foreign currency make any difference? Why? In dollars, sales were $274,213,000. What was the net loss in dollars?

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Fundamentals of corporate finance

ISBN: 978-0073382395

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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