Is this statement true or false and explain your answer

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Company A has a profit margin of 3% while company B has a profit Margin of 8 %. This tlls us that Company B is
outperforming company A. Is this statement true or false and explain your answer
Transcribed Image Text:Company A has a profit margin of 3% while company B has a profit Margin of 8 %. This tlls us that Company B is outperforming company A. Is this statement true or false and explain your answer
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