Business, 26.02.2020 02:25 kaykayhodge

Blue Ace Autos Inc. and Ferdova Autos Inc. are two competing automobile companies. While Blue Ace Autos' Cost of goods sold/Revenue is 63.4 percent, the Cost of goods sold/Revenue of Ferdova Autos is 54.2 percent. What do you infer from this financial data?
A. Blue Ace Autos is less efficient than Ferdova Autos in producing goods.
B. Blue Ace Autos has a higher profit margin than Ferdova Autos.
C. Blue Ace Autos and Ferdova Autos have achieved a competitive parity.
D. Blue Ace Autos is able to command a greater price premium for its products than Ferdova Autos.

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Blue Ace Autos Inc. and Ferdova Autos Inc. are two competing automobile companies. While Blue Ace Au...

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