An abridged version of a company's income statement for 11993 contains the following information: N...

COMMERCEJAMB 1999

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?

  • A. 26.9 million
  • B. 53.5 million
  • C. 139.2 million
  • D. 286.5 million

Correct Answer: B. 53.5 million

Explanation

No explanation is available for this question at this moment. If you can provide an explanation to help other student learn, please post it below
Back to JAMB 1999 QuestionsPrevious QuestionNext Question


Post an Explanation Or Report an Error

If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly.

Your email address will not be published. Required fields are marked *

Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.