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WebAug 31, 2024 · The profit margin is a profitability ratio that allows a business to calculate its financial performance with high accuracy. Moreover, it provides ways to know how much money it is spending which gives ways to optimize profits. Related Post: What Is Profit Margin?: Types Of Profit Margins Reasons Why Profit Margin Is Important For A … WebJun 24, 2024 · A company's profit margin is a widely used profitability ratio, and its purpose is assessing how efficient the company is in making a profit. This … how to take a gcse early
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