For example, consider the following results for a supermarket and an electronics store, each with $10 million

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For example, consider the following results for a supermarket and an electronics store, each with $10 million of sales revenue.image text in transcribed

The EBIT margin for the supermarket is onlyimage text in transcribed

and for the electronics store it isimage text in transcribed

The ratio for the electronics store is much [lower / higher].

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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