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CFA Level 1 Exam
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CFA Level 1 Exam
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Question No. 1
Which of the following is not involved in determining a company's profit margin?
Choose the correct option from the given list.
Identifying and evaluating the firm's competitive strategy (low-cost-high-volume, differentiation).
Evaluating the firm's dependency on the overall conditions prevailing in its industry.
Identifying the firm's internal performance like past trends and potential future problems.
Identifying and evaluating the risks involved in the company's cash flows.
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