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Calculate gp margin and np margin

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Reference no: EM132598919

Question 1: ABC trading company presents income statement as below: Sales - PKR 50,000,000Cost of Sales - PKR 30,000,000Expenses - PKR 15,000,000Net Profit - PKR 5,000,000 Calculate GP Margin and NP Margin:

Option A. GP margin 40%, NP margin 10%

Option B. GP margin 10%, NP margin 40%

Option C. GP margin 40%, NP margin 40%

Option D. GP margin 10%, NP margin 10%

Reference no: EM132598919

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