Accountancy, asked by karwatzainab9, 3 months ago

if Net Profit ratio is Lowerthan the
firm's Standard Ratio?

Answers

Answered by mauryavijay8088
1

Explanation:

good margin will vary considerably by industry, but as a general rule of thumb, a 10% net profit margin is considered average, a 20% margin is considered high (or “good”), and a 5% margin is low.

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