An abridged version of a company s income state... - JAMB Commerce 1999 Question
An abridged version of a company's income statement for 11993 contains the following information:
N
Turnover 286.5
cost of goods sold 147.5
overhead and other expenses 85.5
Taxes due for the year 26.9
What was the company's profit before tax for 1993?
N
Turnover 286.5
cost of goods sold 147.5
overhead and other expenses 85.5
Taxes due for the year 26.9
What was the company's profit before tax for 1993?
A
26.9 million
B
53.5 million
C
139.2 million
D
286.5 million
correct option: b
Please share this, thanks:
Add your answer
No responses