Question: the net profit margin ratio can mathematically be broken down as: 1 . tax impact x capital structure impact x gross profit / sales 2

the net profit margin ratio can mathematically be broken down as:
1. tax impact x capital structure impact x gross profit/sales
2. tax impact x capital structure impact x EBITDA/sales
3. tax impact x capital structure impact x EBIT/sales
4. Tax impact x capital structure impact x net profit/sales

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