The profit margin ratio is computed by dividing after-tax operating income by sales.
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Q6: It is not possible for a manager
Q7: In general,it is better to have a
Q8: The use of residual income reduces,but does
Q9: Using net book values instead of gross
Q10: Divisional income statements do not have to
Q12: Most organizations use residual income instead of
Q13: Current costs should not be used to
Q14: One problem associated with using accounting measures
Q15: Historical costs are based on the original
Q16: Like return on investment (ROI),economic value added
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