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Which of the following statements about net profit margin is not correct? Multiple Choice A company vwith a net profit margin of 15% Is using

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Which of the following statements about net profit margin is not correct? Multiple Choice A company vwith a net profit margin of 15% Is using 85% of each dollar of revenue to cover costs and expenses. A company with a net profit margin of 8 % may be evaluated differently depending upon which industry it is in All of these statements are correct A company with a net profit margin of 8% may b evaluated differently depending upon which industry It is in. All of these statements are correct Net profit margin indicates how much net income is earned for each dollar of revenue If a company's net profit margin increases from 12% to 18 % this would be considered an improvement in profitability

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