Mastering Profit

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LawfulJadeite
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5 Questions

Did the business make a profit each week this summer?

Yes

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

Down

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

COGS/Sales

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

Poor planning and decision-making

How would you resolve the problem as a business leader?

Improve planning and decision-making

Test your knowledge on profit and its components in this informative quiz. Learn about the calculation of profit, the importance of sales, and the impact of employee motivation and decision-making on costs. Sharpen your understanding of these key business concepts and enhance your financial know-how.

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