Prince Albert Canning PLC had a 2010 net loss of 24,382 on sales of 489,162. What was
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Prince Albert Canning PLC had a 2010 net loss of £24,382 on sales of £489,162. What was the company’s profit margin? Does the fact that these figures are quoted in a foreign currency make any difference? Why? In dollars, sales were $695,266. What was the net loss in dollars?
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The currency is generally irrelevant in calculating any financial ratio The compan...View the full answer
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Rajat Gupta
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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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