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    Exam 14: Financial Analysis and Long-Term Financial Planning
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    If a Firm Has No Debt and Pays No Taxes
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If a Firm Has No Debt and Pays No Taxes

Question 88

Question 88

Multiple Choice

If a firm has no debt and pays no taxes, then the firm's operating profit margin will be ___________ the firm's net profit margin.


A) greater than
B) less than
C) the same as
D) we can't tell

Correct Answer:

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