Question
if thecompany has profit margin of 5% a gross margin of 25% and industry average of 40% on cogs, what does it indicates a. high
if thecompany has profit margin of 5% a gross margin of 25% and industry average of 40% on cogs, what does it indicates
a. high cost of invty
b. well controlled expense
c. above average performance of profitability
d. efficiency in handling inventories
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Core Concepts Of Accounting Information Systems
Authors: Nancy A. Bagranoff, Mark G. Simkin, Carolyn Strand Norman
11th Edition
9780470507025, 0470507020
