Would you expect the operating profit margin to be higher or lower than the gross profit margin?
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Would you expect the operating profit margin to be higher or lower than the gross profit margin? What's a good operating profit margin?
You've been trying to explain cash flow statements to your arts major flatware. He thinks a company that makes a large profit will obviously have a large increase in cash. Complete the following table as a means of explaining to your flatmate how this will not always be the case.Effect on profitEffect on cashDescription of transaction1IncreaseNo effect2DecreaseNo effect3No effectIncrease4No effectDecrease
Which accounting standard covers financial ratio calculations? Discuss.
Related Book For
Managerial Accounting
ISBN: 978-0077826482
3rd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Posted Date: