Which Ratio/s Can Be Used to Explain Changes in the Profit

question 2

Multiple Choice

Which ratio/s can be used to explain changes in the profit margin?

• A)gross profit margin
• B)expense to sales ratios
• C)days inventory
• D)return on equity

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Deposit

A deposit is a sum of money placed in a bank account or paid as an assurance for the fulfillment of a contract, which may be refundable under certain conditions.

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