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c. If the industry in which Pembe Ltd competes has these average profitability ratios: i. Gross Profit margin -50% ii. Operating profit margin -28% iii.
c. If the industry in which Pembe Ltd competes has these average profitability ratios: i. Gross Profit margin -50% ii. Operating profit margin -28% iii. Net profit margin - 10%, State whether the firm is better off or worse off than the industry as pertains its profitability ratios with respect to industry averages. (3 marks) Assuming you were a financial analyst analyzing Pembe Ltd, would you recommend its shares to your clients? State the reason for your
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