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Rapid Corp. is a sports shoe manufacturer. The standard operating margin for the sports shoe manufacturing industry is 25 percent. Rapid Corp. realizes that it
Rapid Corp. is a sports shoe manufacturer. The standard operating margin for the sports shoe manufacturing industry is 25 percent. Rapid Corp. realizes that it is not making enough sales to cover the costs, and it takes efforts to cut down its operating costs. What is most likely to be the reason for Rapid's cost cutting efforts? Select a Choice Below current question choices OptionA An operating margin of 23 percent OptionB A current ratio of 2.1 OptionC An operating margin of 27 percent OptionD A current ratio of 1
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