Question
The conclusion that a company 'generates $2.50 in net profit for every $1 of sales' is a(n): a) description of how effective the company is.
The conclusion that a company 'generates $2.50 in net profit for every $1 of sales' is a(n):
a) description of how effective the company is.
b) description of how efficient the company is.
c) description of how profitable the company is.
d) impossible situation
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Principles Of Financial Accounting
Authors: Kermit Larson, John Wild
20th Edition
77338235, 978-0077619442
