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Are changes in profits alone a good indicator of a firm's profitability?

  1. Are changes in profits alone a good indicator of a firm's profitability?
  2. What are the three measures of profitability that are commonly used.
  3. Which measure of profitability is the most comprehensive and explain why.

Top Answer

1. Changes in profits alone are not a good indicator of a firm's profitability .there are also ratios created from the income... View the full answer

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Other Answers

yes the three measures are net profit margin,gross profit margin,and... View the full answer

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