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Which of the Following Statements Regarding Net Margin Is Not

Question 61

Multiple Choice

Which of the following statements regarding net margin is not true?


A) Net margin refers to the percentage of each sales dollar remaining after all expenses are subtracted.
B) Net margin may be calculated in several ways.
C) The amount of net margin is affected by a company's choices of accounting principles.
D) The larger the net margin the better.

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