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DP World presents the following financial data for the year ending December 31, 2023: Revenue from port operations: AED 3,000,000 Cost of Services: AED 1,200,000

DP World presents the following financial data for the year ending December 31, 2023:

  • Revenue from port operations: AED 3,000,000
  • Cost of Services: AED 1,200,000
  • Operating Expenses: AED 800,000
  • Interest Expense: AED 100,000
  • Tax Rate: 18%

Calculate DP World's net income and the amount of taxes due.

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