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A company has total revenue of $560,000 and total expenses of $330,000. If the company overstates sales by $10,000, what is the effect on the
A company has total revenue of $560,000 and total expenses of $330,000. If the company overstates sales by $10,000, what is the effect on the company's net profit margin?
Net profit margin would be overstated. | ||
Net profit margin would be understated. | ||
Net profit margin would be unaffected. | ||
Net profit margin cannot be computed because overstating sales is unethical. |
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