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    Financial Reporting
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    Exam 5: Essentials of Financial Statement Analysis
  5. Question
    Companies That Consistently Earn Rates of Return Above the Competitive
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Companies That Consistently Earn Rates of Return Above the Competitive

Question 89

Question 89

Multiple Choice

Companies that consistently earn rates of return above the competitive floor in the industry are considered to possess a


A) dominant market share.
B) niche market.
C) competitive advantage.
D) monopolistic advantage.

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