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What are overall Profitability ratios based on?
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Management Accounting
Q. Overall Profitability ratios are based on
- Published on 11 Sep 15
a.
Investments
b.
Sales
c.
Both a and b
d.
None of the above
ANSWER: Investments
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Discussion
Sameena
-Posted on 03 Aug 20
Profitability ratio relates to profits on investment. Not on sales .,and profit on sales related to turnover ratio.
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