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HW-33: Profit might be compared to sales, assets, or stockholders' equity
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Q-1 Profit might be compared to sales, assets, or stockholders' equity. Why might all these three bases be used? Will trends in these ratios always move in the same direction?
Q-2 Would you expect the profit margin in a quality jewelry store to differ from that of grocery store? Comment
Q-2 Would you expect the profit margin in a quality jewelry store to differ from that of grocery store? Comment
