If your boss says,"we need to increase our margins," what is he or she referring to?
A)Profits
B)Costs
C)Sales
D)Equity

Name: If your boss says,"we need to increase our margins," what is he or she referring to? A)Profits B)Costs C)Sales D)Equity
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Question

Quizplus · Accepted Answer

Margins refer to the difference between the cost of producing and selling a product or service and the price at which it is sold. Therefore, increasing margins means increasing profits.

If Your Boss Says,"we Need to Increase Our Margins," What