Bima makes a gross profit ratio of 54 per cent. Is this good or bad?

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Cambridge International AS And A Level Accounting

ISBN: 9781444181432

1st Edition

Authors: Ian Harrison

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Question Posted: Aug 24, 2023 01:57 PM

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Bima makes a gross profit ratio of 54 per cent. Is this good or bad?

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A gross profit ratio of 54 can be considered relatively good but whether its truly good or bad depen...View the full answer

Cambridge International AS And A Level Accounting

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