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cowdung asked

Do you have an opinion on what would be a fair profit margin for a business to earn?

Profit margin is very useful when comparing companies in similar industries. A higher profit margin indicates a more profitable company that has better control over its costs compared to its competitors. Profit margin is displayed as a percentage; a 20% profit margin, for example, means the company has a net income of $0.20 for each dollar of sales.

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29%
71%

#Work & Money

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