Will a business that operates with a high gross profit margin necessarily achieve a high operating profit

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Will a business that operates with a high gross profit margin necessarily achieve a high operating profit margin and a high return on capital employed?

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Accounting A Smart Approach

ISBN: 9780199587414

1st Edition

Authors: Mary Carey, Jane Towers Clark, Cathy Knowles

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Question Posted: May 14, 2024 05:01 AM

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Will a business that operates with a high gross profit margin necessarily achieve a high operating profit

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Accounting A Smart Approach

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