Question: Select the incorrect statement regarding net margin. A. The amount of net margin is affected by a company's choices of accounting principles. B. Net margin
Select the incorrect statement regarding net margin.
A. The amount of net margin is affected by a company's choices of accounting principles.
B. Net margin may be calculated in several ways.
C. Net margin refers to the average amount of each sales dollar remaining after all expenses are subtracted.
D. The smaller the net margin the better.
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