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10 points A company earns gross margin of 30% on all sales. The gross profit amounts to $21,000. How much are cost of sales and

image text in transcribed 10 points A company earns gross margin of 30% on all sales. The gross profit amounts to $21,000. How much are cost of sales and revenue? Cost of sales =$70,000; Revenue =$91,000 Cost of sales =$70,000; Revenue =$100,000 Cost of sales =$49,000; Revenue =$56,000 Cost of sales =$49,000; Revenue =$70,000

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