Mastering Profit
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Questions and Answers

Did the business make a profit each week this summer?

  • Yes (correct)
  • No
  • The business only made a profit in Week IV and V
  • The text does not provide enough information to answer the question

    • What is the trend of the Net Profit/Sales ratio?

  • The text does not provide enough information to answer the question
  • Remained the same
  • Down (correct)
  • Up

    • If the Net Profit/Sales ratio is going down, which ratio(s) reflect the problem?

  • Both COGS/Sales and Expenses/Sales
  • The text does not provide enough information to answer the question
  • COGS/Sales (correct)
  • Expenses/Sales

    • What has been happening in the business that caused the problem?

    <p>Poor planning and decision-making</p> Signup and view all the answers

    How would you resolve the problem as a business leader?

    <p>Improve planning and decision-making</p> Signup and view all the answers

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