To evaluate a company's net profit margin,it is best to compare it to another company in the same industry.

Name: To evaluate a company's net profit margin,it is best to compare it to another company in the same industry.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Comparing a company's net profit margin to another company in the same industry helps to provide a more accurate evaluation of its financial performance, as it takes into account the unique characteristics and challenges of that industry.

To Evaluate a Company's Net Profit Margin,it Is Best to Compare