Question
Rose company, an investment entity, provided the following income and expenses for the current year: Dividend income from investments 9,200,000 Distribution income from trusts 500,000
Rose company, an investment entity, provided the following income and expenses for the
current year:
Dividend income from investments
9,200,000
Distribution income from trusts
500,000
Interest income on deposits
700,000
Income form bank treasury bills
100,000
Unrealized gain on derivative contract as cash
flow hedge
400,000
Income from dealing in securities and
derivatives held for trading
600,000
Writedown of securities and derivatives held
for trading
150,000
Other income
250,000
Finance cost
300,000
Administrative staff costs
3,800,000
Sundry administrative costs
1,200,000
Income tax expense
1,700,000
What is the total income before tax?
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