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The following information applies to question 1.15 1.17. The following information relates to Kanana...

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The following information applies to question 1.15 1.17. The following information relates to Kanana Ltd for the financial year ended June 2017: Revenue R916 440 (2016: R783 282) Gross profit margin 41% (2016: 46%) Profit for the year R88 160 (2016: R114 815) . . Question 1.15 Growth in revenue is calculated as: A B D 15% 16% 17% None of the above. (2) Question 1.16 The cost of sales for 2017 is calculated as: B R 416 000 R 425 700 R 540 700 None of the above. (2) Question 1.17 Assuming the authorised and issued shares are 150 000 and 120 000 respectively, the earnings per share in Rands for 2017 is calculated as: A B D R 0.735 R 0.588 R 0.957 None of the above (2)

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