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Given the following information: Sales R10 000 000, calculated gross profit R7 000 000, operating expenses R3 200 000, I
Posted: Thu May 19, 2022 11:20 am
by answerhappygod
- Given The Following Information Sales R10 000 000 Calculated Gross Profit R7 000 000 Operating Expenses R3 200 000 I 1 (25.28 KiB) Viewed 70 times
Given the following information: Sales R10 000 000, calculated gross profit R7 000 000, operating expenses R3 200 000, Interest income R60 000, Interest expense R250 000 and income tax 28% of profit before tax. Net profit after tax is: O A. R2 599 200 O B R (396 200) O C. R765 000 O D. R214 200