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1. The operating margin measures operating income per dollar of assets. *
3 points
True
False
2. For a company that manufactures washers, the cost of the wages of assembly-line workers is considered as a direct labor cost. *
3 points
True
False
3. The profitability ratios show the combined effects of liquidity, asset management, and debt management on a firm's operating results. *
3 points
True
False
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