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Murugan Ltd. had the following results for the year: Sales $45,000 Less: Operating expense 39000 Net operating income $6,000 The average selling price for the

Murugan Ltd. had the following results for the year: Sales $45,000 Less: Operating expense 39000 Net operating income $6,000 The average selling price for the units sold was $15 per unit and the...

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