Question
Your Aunt recently inherited $500,000 and she has decided to invest her new found fortune in a company that has a profit margin of 6%
Your Aunt recently inherited $500,000 and she has decided to invest her new found fortune in a company that has a profit margin of 6% because it is higher than the 3% interest she can get at the bank. Provide your aunt with advise regarding this potential investment including a discuss on risk, and the limitations of ratios.
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
11th edition
134141083, 978-0134141084
