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A 2022 Semester 2 / AUE2601-22-S2 Welcome Message Assessment al Plank Properties (Pty) Ltd (PP), a company founded in 2009, has enjoyed considerable success in

A 2022 Semester 2 / AUE2601-22-S2 Welcome Message Assessment al Plank Properties (Pty) Ltd (PP), a company founded in 2009, has enjoyed considerable success in the property market. It specialises in renovating properties to meet tenants' needs, as well as owning and leasing its own properties. In the year under review, PP was involved in three renovation projects and earned a total revenue of R185 million and net profit after tax of R30 million. The company has 18 permanent staff members and employed 310 contract staff during the year. The company acquired equipment using cash reserves and has no loans. The company has five shareholders. Question 3 Not yet answ Marked out o 2.00 PFlag questi Which one of the following is the correct statement? a. The company has a public interest score of more than 350 points and therefore has to be audited. b. The company does not have any loans; therefore, it is not possible to calculate the public interest score C. The company has a public interest score of 208 points and therefore does not have to be audited. Od. The company has a public interest score of more than 350, and therefore has to be independently reviewed

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