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Lincoln Burrows' gross profit rate is 12.75% based on cost. His net sales amounted to P7,777,777. How much is Burrows' Cost of Goods Sold? How

Lincoln Burrows' gross profit rate is 12.75% based on cost. His net sales amounted to P7,777,777.

How much is Burrows' Cost of Goods Sold?
How much is Burrows' Gross Profit?

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