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Given that sales are R5 000 000, if cost of sales were 40% of sales, cost of sales would be R3 000 000 and
Given that sales are R5 000 000, if cost of sales were 40% of sales, cost of sales would be R3 000 000 and gross profit is R2 000 000. Select one: O True O False
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
IFRS edition volume 2
978-0470613474, 470613475, 978-0470616314
