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    Exam 12: Statement Cash Flows
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    Proitt Margin Is Calculated by Dividing
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Proitt Margin Is Calculated by Dividing

Question 15

Question 15

Multiple Choice

Proitt margin is calculated by dividing


A) sales by cost of goods sold.
B) gross profit by net sales.
C) net earnings by shareholders' equity.
D) net earnings by net sales.

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