Projecting profit margins into the future on the basis of past results would be most reliable when

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Projecting profit margins into the future on the basis of past results would be most reliable when the company:

A. is in the commodities business.

B. operates in a single business segment.

C. is a large, diversified company operating in mature industries.

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International Financial Statement Analysis CFA Institute Investment Series

ISBN: 9780470287668

1st Edition

Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie

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