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which statement is true? 1. G ltd made a gross profit margin of 60% and operating profit margin of 25% 2. G ltd make a
which statement is true?
An extract from Gordon Ltd's accounts is given below '000 1.780 44 Sales Cost of sales Opening inventory Purchases Closing inventory 820 154 710 Gross profit Expenses Operating profit 1.070 800 270 Which of the following statements is true 1. G ltd made a gross profit margin of 60% and operating profit margin of 25%
2. G ltd make a gross profit margin of 40%. and operating profit margin of 15%
3. G ltd make a gross profit margin of 60% and operating profit margin of 15%
4. G ltd make a gross profit margin of 40% and operating profit margin of 25%
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