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The profit margin ration____________. A. is often compared to the industry average B. focus on the liquidity of the business C. is computed by dividing
The profit margin ration____________.
A. is often compared to the industry average
B. focus on the liquidity of the business
C. is computed by dividing net sales by net income
D. shows how much gross profit a business earns on every $1.00 of sales
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