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Answer the question.
-A television manufacturer sold three times as many televisions in 1995 as it did in 1985. To
illustrate this fact, the manufacturer draws a pictogram as shown below. The television on
the right is three times as tall and three times as wide as the television on the left. Why is this pictogram misleading? What visual impression is portrayed by the pictogram?
Profit Margin
A financial metric that shows the percentage of a company's revenue that remains as profit after accounting for costs and expenses.
Net Income
The remaining earnings of a company following the deduction of all expenses and taxes from its total revenues.
Net Sales
This represents the amount of sales generated by a company after deductions for returns, allowances for damaged or missing goods, and discounts.
Prepaid Expenses
Payments made in advance for goods or services, which are recognized as expenses over time as the benefits are received.
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