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Szidon Company reports the following data: Szidon Key Competitor Net income Net income divided by net sales $1,000,000 2.1% $500,000 6.5% Using benchmarking, what
Szidon Company reports the following data: Szidon Key Competitor Net income Net income divided by net sales $1,000,000 2.1% $500,000 6.5% Using benchmarking, what can be said about Szidon Company? A. Szidon is superior to the key competitor because net income is higher. B. There is not enough information to make any conclusions. C. There is conflicting information so no conclusions can be reached. D. Szidon is inferior to the key competitor because the key competitor's net income percentage is higher.
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