If a company has a higher net profit margin than most of its competitors, this means that:
Question:
If a company has a higher net profit margin than most of its competitors, this means that:
a. the company is more efficient with its assets.
b. the company has more loyal customers.
c. the company has a lower proportion of debt financing.
d. the company has a higher proportion of each sales dollar that is profit.
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Related Book For
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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