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Analyze the figure showing Net Profit Margin for CVX and XOM. Calculate the average for both companies. Briefly explain the ratio and interpret the values
Analyze the figure showing Net Profit Margin for CVX and XOM. Calculate the average for both companies. Briefly explain the ratio and interpret the values for the companies.
Net Profit Margin (NPM)
| NPM | CVX | XOM |
| 2019 | 2.0% | 5.4% |
| 2020 | NMF | NFM |
| 2021 | 9.6% | 8.1% |
| 2022 | 14.4% | 13.5% |
| 2023 | 12.7% | 11.0% |
| Average |
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Public Finance Lessons From The Past And Effects On The Future
Authors: Miguel-Angel Galindo Martin
1st Edition
1629481491, 978-1629481494
