Multiple Choice
Which of the following statements about a high net profit margin is FALSE?
A) It demonstrates how effective your business is at converting sales into profit.
B) It may mean that you are capitalizing on some competitive advantage that can provide your business with extra capacity and flexibility during the hard times.
C) It may mean that you are keeping your operating expenses under control to leave an acceptable profit.
D) It may mean that your business might need to take on debt to pay its expenses.
Correct Answer:
Verified
Correct Answer:
Verified
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