is the percentage of sales dollars that reaches net income on the common-size statements. The return...

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is the percentage of sales dollars that reaches net income on the common-size statements. The return on assets The return on

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Answer 1

Answer #1

Profit margins are the percentage of sales dollars that reaches net income on the common size statement.

Profit margins will generally be reflecting margins of profit in Dollars amount.

All the other statements are false.

Correct answer will be option (C) profit margins

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Answer 2

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