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Net profit margin is an effective tool to measure the profits reaped by a business. Net Profit Margin = Net profit/Sales * 100. In simple terms, net profit is the amount a company retains after ...
If net profit margin is low, then the firm needs to look ... Also assume that cost of sales is £2000. Inventory turnover formula: \(\frac {\text{Cost of sales}} {\text{Average stock}} ...
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