Question

4.Increase in sales and increase in profits help us to calculate​

Answer 1

Answer:

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˙❥˙๑ Improving the profit margin means increasing the amount of profit made from the sale of a product. ... To improve its profit margin, the high-cost business could reduce its costs. It could also raise the unit price on its product, but risk losing sales to the competition that charges less.✧*。

˙❥˙๑ There are four key areas that can help drive profitability. These are reducing costs, increasing turnover, increasing productivity, and increasing efficiency. You can also expand into new market sectors, or develop new products or services.✧*。

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