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Below are the income statements of two companies: Jewellery Company (which sells jewelry) and Grocery Store Company (which is a grocery store chain). Based on
Below are the income statements of two companies: Jewellery Company (which sells jewelry) and Grocery Store Company (which is a grocery store chain). Based on the table below that shows the gross profit margin, operating profit margin and net profit margin for both companies, can you make a recommendation on which company is a better investment? Explain. Jewellery Grocery Store Gross profit margin 0.84 0.2 Operating profit margin 0.74 0.1 Net profit margin 0.353 0.0475
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