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Consider the following ratios for Parker Tool & Die: a ) Gross profit margin year x 1 = 2 0 . 8 4 b )
Consider the following ratios for Parker Tool & Die:
a Gross profit margin year
b Gross profit margin year
c Net profit margin year
d Net profft margin year
e Debtor days vs days
f Creditor days days vs days
What does this trend indicate in terms of the business' profitability?
A Profits have improved, year on year.
B Profits have decreased, as the time taken to pay creditors has been extended.
C Profits have improved as debtor days have decreased.
D Profits have improved as debtors are collected more efficiently.
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