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QUESTION 59 A clothing retailer had an excellent summer season, selling out at a healthy profit all the ensembles it purchased As part of the
QUESTION 59 A clothing retailer had an excellent summer season, selling out at a healthy profit all the ensembles it purchased As part of the promotion customers do not pay for any purchases until the beginning of next year What does this mean for this year? Zero profits and negative change in cash Negative profits and no change in cash Positive profits and positive change in cash Positive profits and negative change in cash Negative profits and negative change in cash QUESTION 60 A company's profit margin this past year was 25% it has no dobit in order for ROE to ocul 10% its Turnover Ratio must have been (not in 04 25 4 64 15625
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