Tony Robins is puzzled. His company had a profit margin ratio of 10% in 2001. He feels
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Tony Robins is puzzled. His company had a profit margin ratio of 10% in 2001. He feels that this is an indication that the company is doing well. Joan Graham, his accountant, says that more information is needed to determine the firm’s financial wal being. Who is correct? Why?
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Related Book For 
Financial Accounting Tools For Business Decision Making
ISBN: 9780471347743
2nd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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