In 2005 the profit margin was 98 and the operating

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In 2005, the profit margin was 9.8% and the operating efficiency ratio was 23.9%. In 2006, the profit margin was 9.2% and the operating efficiency ratio was 27%. Based on these ratios, did the performance of management in 2006 improve or deteriorate in terms of profitability?

Reference no: EM13596385

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