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1. If the company has a profit margin of 5%, a gross margin of 25%, and an induscry average of 40% on the cost of
1. If the company has a profit margin of 5%, a gross margin of 25%, and an induscry average of 40% on the cost of goods sold, what does it indicate? a. Efficiency in handling its inventorics b. Above average performance of profitability c. A high cost of inventorics d. A well-controlled expense
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