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Regarding Financial ratios and market value, how can we really determine how well the company is doing compared to another? We must keep in mind

Regarding Financial ratios and market value, how can we really determine how well the company is doing compared to another?

We must keep in mind if the volume increases, margins might be low but that does not mean its undesirable. Does this concept work in all industries or do you feel that it is dependable on the type of business?

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