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What does a high operating profit margin mean 2024?
profit operations
Questioner:Charlotte Baker 2023-05-08 00:39:24
The most authoritative answer in 2024
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Julian Clark——Works at the International Finance Corporation, Lives in Washington, D.C., USA.
The
operating profit margin ratio indicates how much
profit a company makes after paying for variable costs of production such as wages, raw materials, etc. It is also expressed as a percentage of sales and then shows the efficiency of a company controlling the costs and expenses associated with business
operations.
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