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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? Costofsales=$70,000;Revenue=$100,000Costofsales=$70,000;Revenue=$91,000Costofsales=$49,000;Revenue=$56,000Costofsales=$49,000;Revenue=$70,000
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? Costofsales=$70,000;Revenue=$100,000Costofsales=$70,000;Revenue=$91,000Costofsales=$49,000;Revenue=$56,000Costofsales=$49,000;Revenue=$70,000
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