COMMERCE

JAMB 2020 - Question 9

Commerce 2020 JAMB Past Questions - Question 9: An abridged version of a conpany's income statement of 1993 contains the following information.              ₦(m)Turnover            286.5cost of goods sold      147.5Overhead and other expenses 85.5Taxes due for the year     26.9what was the company's profit before tax for 1993?

Choose the most appropriate option for the gap .
An abridged version of a conpany's income statement of 1993 contains the following information.              ₦(m)Turnover            286.5cost of goods sold      147.5Overhead and other expenses 85.5Taxes due for the year     26.9what was the company's profit before tax for 1993?
A:
B:
C:
D:
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Correct Answer

B

Explanation

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