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A year out of university, you have R10 000 to invest. A friend has started a Company, Sunrise Ltd. And asks you to invest
A year out of university, you have R10 000 to invest. A friend has started a Company, Sunrise Ltd. And asks you to invest in her company. You obtain the company's financial statements, which are summarized at the end of the first year as follows: SUNRISE LIMITED INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2020 Revenue Expenses Net income 120 000 75 000 45 000
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