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Compute The Companys profit margin for 2020. In what sense is profit margin a measure of The Companys overall efficiency? I am given the following
Compute The Companys profit margin for 2020. In what sense is profit margin a measure of The Companys overall efficiency?
I am given the following values:
Revenues for 2020 = 7,350
NI 2020 = 1674.50
I can use the profit margin formula to get an answer, but I have no idea how to interpret it.
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