Ratios and Foreign Companies Prince Albert Canning PLC had a net loss of 37,543 on sales of
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Ratios and Foreign Companies Prince Albert Canning PLC had a net loss of
£37,543 on sales of £345,182. 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 $559,725. What was the net loss in dollars?
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