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.
ব্যাখ্যা
An increasing profit margin suggests better financial performance.