In the previous question, what actions might managers take to improve these ratios? Previous question You are
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In the previous question, what actions might managers take to improve these ratios?
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You are examining the common-size income statements for a company for the past five years and have noticed that the cost of goods as a percentage of sales has been increasing steadily. At the same time, EBIT as a percentage of sales has been decreasing.
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If we assume that the cause is negative the two reasons for the trend of increasing cost of goo...View the full answer
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Related Book For 
Essentials Of Corporate Finance
ISBN: 9780073382463
7th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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