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Calculations already done just needing explainations under Calculations. 9. Calculate the company's profit margin ratio for both this year and the prior year. Show your
Calculations already done just needing explainations under Calculations.
9. Calculate the company's profit margin ratio for both this year and the prior year. Show your computations. This year Net income Net sales revenue = 133.275 = .017 7,864,758 Last year: = 430,151 = .052 8,328,909 Explain what information this ratio provides. Use complete sentences. Has the ratio improved or worsened? Explain. Use complete sentencesStep by Step Solution
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