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Accounting for IGCSE & O level - Advanced Principles (Section 9 - No. 2)

If a company's profit margin increases, what does that generally indicate?
The company is experiencing increased expenses.
The company is becoming less profitable.
The company is more efficient in controlling its costs and/or increasing revenue.
The company is facing financial difficulties.

Обяснение

An increasing profit margin suggests better financial performance.

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