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a) need proper interpretation of given table of profitability ratio. Analysis should take the reader in detail through the companies performance over the same time
a) need proper interpretation of given table of profitability ratio. Analysis should take the reader in detail through the companies performance over the same time period based on the financial ratio of profitability.
Profitability Ratio: 2016-2017 20.57% 2017-2018 19.86% 2018-2019 18.31% 2019-2020 11.29% Ratios Gross Profit Margin Net Profit Margin Return on Total Asset Return On Equity 8.11% 12.95% 3.16% 10.67% 2.92% 4.61% 0.76% 2.28% 3.94% 3.66% 3.22% 1.09%Step by Step Solution
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