Question
The following is an extract from the statement of profit and loss of a company: $ Income: Turnover 1,600,000 Other operating income 15,000 Expenses:
The following is an extract from the statement of profit and loss of a company: $ Income: Turnover 1,600,000 Other operating income 15,000 Expenses: Cost of sales 850,000 Finance cost 35,000 Administrative 80,000 Selling and distribution 40,000 Corporation tax 25,000 Other operating 20,000 What is this company's profit before interest and tax (PBIT), profit before tax (PBT) and profit after tax (PAT)? a. = PBIT $640,000, PBT = $610,000 and PAT = $550,000 b. PBIT = $625,000, PBT = $610,000 and PAT = $565,000 C. PBIT = $625,000, PBT = $590,000 and PAT = $565,000 d. PBIT = $640,000, PBT = $625,000 and PAT = $580,000
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