Describe the ratios that may be used by management to assess the profit performance of a retail

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Describe the ratios that may be used by management to assess the profit performance of a retail business. Explain the factors which could contribute to adverse trends developing in these ratios.

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Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

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Question Posted: Jun 18, 2019 11:02 AM

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Describe the ratios that may be used by management to assess the profit performance of a retail

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Ratios which may be used to assess profit performance include Gross profit ratio Gross profit Net sa...View the full answer

Accounting

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