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Question 5 A company has the following summarised statement of profit or loss for the year.What is the company's gross profit margin for the year?A

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5

A company has the following summarised statement of profit or loss for the year.What is the company's gross profit margin for the year?A

. 10 %

. 40 %

Sales revenueLess: cost of salesC.

25 %

. 17 %

Gross profitLess: expensesNet proft$

70, 00042, 00028.00021, 0007, 000

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