what is industry ? what is the profit of industry.
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Common profitability measures include the net income margin, which is the ratio of net income to sales, and gross profit margin, which is the ratio of gross profit to sales. The profitability of an industry is the average profitability of the companies in that industry.
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The industry refers to economic activity that is concerned with the production of goods, extraction of mineral, or the provisions of services.
profitably primarily indicates to what extent a company is able to produce and sell its goods in the market place for a profit.
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