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Ok The industry average profit margin in Happy Go Lucky Corp's industry is 20%. Choose the most appropriate answer below: Select one: a. Happy Go
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The industry average profit margin in Happy Go Lucky Corp's industry is 20%. Choose the most appropriate answer below: Select one: a. Happy Go Lucky Corp compares favorably because it's profit margin is 16.67% and thus keeps proportionately more of its revenues than its competitors. b. Happy Go Lucky Corp compares unfavorably because its profit margin is 16.67% and thus keeps proportionately more of its revenues than its competitors. The industry average profit margin in Happy Go Lucky Corp's industry is 20%. Choose the most appropriate answer below: Select one: a. Happy Go Lucky Corp compares favorably because it's profit margin is 16.67% and thus keeps proportionately more of its revenues than its competitors. b. Happy Go Lucky Corp compares unfavorably because its profit margin is 16.67% and thus keeps proportionately more of its revenues than its competitors Step by Step Solution
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