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Matim Hardwares Limited has provided you with the following schedule from their accounting records. 8. Year3 (000) | Year 2 ('000) Year 1 ('000) Opening

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Matim Hardwares Limited has provided you with the following schedule from their accounting records. 8. Year3 (000) | Year 2 ('000) Year 1 ('000) Opening stock Purchases Purchases returns Sales Sales returns 5,000 7,000 1,000 5,000 2,000 7,000 500 6,000 3,000 8,000 0 9,000 1000 Closing stock a. Fill in the blanks b. Calculate the gross profit for the year 1, 2 and 3 C. Make comments on the company's Gross profit and CoGsr goud ce Why is depreciation important for you as an RM when reviewing customer financial statements? 9. What is the new name for a balance sheet? 10. Matim Hardwares Limited has provided you with the following schedule from their accounting records. 8. Year3 (000) | Year 2 ('000) Year 1 ('000) Opening stock Purchases Purchases returns Sales Sales returns 5,000 7,000 1,000 5,000 2,000 7,000 500 6,000 3,000 8,000 0 9,000 1000 Closing stock a. Fill in the blanks b. Calculate the gross profit for the year 1, 2 and 3 C. Make comments on the company's Gross profit and CoGsr goud ce Why is depreciation important for you as an RM when reviewing customer financial statements? 9. What is the new name for a balance sheet? 10

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