What are three profit measures calculated from the income statement? (a) Operating profit margin, net profit margin,

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What are three profit measures calculated from the income statement?

(a) Operating profit margin, net profit margin, repairs and maintenance to fixed assets.

(b) Gross profit margin, cost of goods sold percentage, EBIT.

(c) Gross profit margin, operating profit margin, net profit margin.

(d) None of the above.

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Understanding Financial Statements

ISBN: 9781292101552

11th Global Edition

Authors: Lyn Fraser, Aileen M. Ormiston

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Question Posted: Mar 20, 2024 12:00 AM

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What are three profit measures calculated from the income statement? (a) Operating profit margin, net profit margin,

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Understanding Financial Statements

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