Part 1[2]
Define the term ‘profit margin’ from line 5.
Business 9609 · AS & A Level · Business finance
Business finance — practice question
Worked solution & mark scheme
This 2-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Correct definition: Profit margin is a profitability measure, worked out as profit for the year expressed as a percentage of revenue (the proportion of revenue that is profit).” …
- Full mark scheme, point by point
- Step-by-step worked solution
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