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Teresa ridley his accountant says that more information is

1. Ron Singer is puzzled. His company had a profit margin of 10% in 2012. He feels that this is an indication that the company is doing well. Teresa Ridley, his accountant, says that more information is needed to determine the company's financial well-being. Who is correct? Why?

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Accounting Basics: Teresa ridley his accountant says that more information is

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