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Question 7 The following year, the same manufacturer had an increase in sales revenue of 11%. Its gross profit figure increased by 5%, its operating
Question 7 The following year, the same manufacturer had an increase in sales revenue of 11%. Its gross profit figure increased by 5%, its operating profit increased by 4%, but its profit for the year figure decreased by 2%, due to a significant increase in finance costs. Using the data from question 6, calculate the gross, operating profit and profit for the year margins for the following year. Question 7 The following year, the same manufacturer had an increase in sales revenue of 11%. Its gross profit figure increased by 5%, its operating profit increased by 4%, but its profit for the year figure decreased by 2%, due to a significant increase in finance costs. Using the data from question 6, calculate the gross, operating profit and profit for the year margins for the following year
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