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Question 3 Last year, a retailer had the following revenue and cost data (shown in the table below). Calculate the gross profit , operating profit

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Question 3 Last year, a retailer had the following revenue and cost data (shown in the table below). Calculate the gross profit , operating profit and profit for the year figures and margins of the business. . Revenue Cost of sales 1,255,000 480,000 350,000 Operating expenses Interest 85,500

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