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Which of the following statements about net profit margins is NOT true? Group of answer choices A company's gross profit is a necessary component of
Which of the following statements about net profit margins is NOT true? Group of answer choices A company's gross profit is a necessary component of calculating a company's net profit margin. The higher the net profit margin, the more profit a company earns on each sale. Net profit margin shows the relationship between revenue and Cost of Goods Sold (COGS). Net profit margin shows the percentage of money spent by customers that is turned into profit.
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