No offence Beancounter but not sure your opinion on COGS would influence future business partners. Could you please be a bit more specific? Ie you are an accountant with limited information of WFL: and their operations. How does your view/ thoughts translate to a business partner and their negotiations with WFL? I thought the question was generic in terms of what mark up is common in this industry. Look forward to your reply so I can understand your thoughts. Maybe I have misread your post.
Ann: Appendix 4C September 2021, page-35
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