True/False
Profit margin on sales is very relevant for purposes of comparison, both between periods and between similar companies.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q129: Information from LMN's balance sheet at December
Q130: The quick (or acid-test)ratio always will be
Q131: Which division has the lowest return on
Q132: Which of the following ratios is an
Q133: Horizontal analysis:<br>A)is exactly the same as "vertical
Q135: A clean opinion is another term to
Q136: Disclosure of significant accounting policies results from
Q137: There are certain situations where it is
Q138: What do efficiency ratios measure?
Q139: Solvency ratios can be further classified as:<br>A)Liquidity