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The following data for three companies is given (8 marks) a) Which ratio would you use to determine which company is more profitable? b) Show

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The following data for three companies is given (8 marks) a) Which ratio would you use to determine which company is more profitable? b) Show your calculations for all three companies. Which company is more profitable out of the three and why? Company A Company B Company Sales 100 150 80 Total Expenses 60 110 40 Net Income 40 40 40 Arial #3 (12p T.EE

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