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Please answer Q 39 & 40 fastly Question 39 Not yet answered Marked out of 1.00 Flag question Company 1 has Profit Margin of 8.2%
Please answer Q 39 & 40 fastly
Question 39 Not yet answered Marked out of 1.00 Flag question Company 1 has Profit Margin of 8.2% and a gearing ratio of 67.2% Company 2 has Profit Margin of 6.3% and a gearing ratio of 53,4%. Based on these ratios, what is generally not true about these two companies Company 1 has high amount of borrowed funds Company 2 has lower profitability and higher risk. Company 2 has lower profitability and lower risk Company 1 has higher profitability and higher risk. Questo 40 All of the following are the elements of Budgetary Control except: Question 40 Not yet answered Marked out of 1.00 Flag question Revision of budgets when the circumstances change Formulation of Strategic objectives Regular comparison of the actual performance with the budget Corrective action if there is a variation of the actual performance from the budgeted performance Step by Step Solution
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