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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 x1=20.84
b) Gross profit margin year 2=22,83%
c) Net profit margin year x1=-0,09%
d) Net profft margin year 2=1,33%
e) Debtor days (Yx1)=0 vs (Yx2)=3 days
f) Creditor days )=35 days vs )=68 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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