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The following are extracts from an income statement for the year ended 30 th June 2018: $ Sales revenue 12,000 Cost of sales 6,500 Administrative
The following are extracts from an income statement for the year ended 30th June 2018:
| $ |
Sales revenue | 12,000 |
Cost of sales | 6,500 |
Administrative expenses | 2,000 |
Interest received | 50 |
Interest paid | 200 |
Advertising expenses | 550 |
Taxation (30%) | 840 |
Dividends paid to shareholders | 960 |
What is profit before tax?
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