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Suppose 2 companies reported the following information for the most recent year: Net profit margin Gross profit margin Company A 8% 42% Company B 3%
Suppose 2 companies reported the following information for the most recent year: Net profit margin Gross profit margin Company A 8% 42% Company B 3% 42% Which of the following is the most likely explanation for the above results? Group of answer choices Company A has a higher return on assets than Company B. Company B charges a higher selling price than Company A. Company B is less efficient in its operations than Company A Company A is likely to have a higher asset turnover than Company B
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