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The following items appear on a profit and loss statement: Sales = 80, Cost of goods sold = 35, Operating expenses = 14, Interest payable

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The following items appear on a profit and loss statement: Sales = 80, Cost of goods sold = 35, Operating expenses = 14, Interest payable = 2, Dividend payable = 0.5, Retained profit = 11.5. What is the tax payable? O 12. O 31. O None of the shown options. 0 17 O 29

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