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The forecasts of Manco Limited for 2022 for the only product that it manufactures are as follows: Operating expenses R588 000, Interest expense, R21 000
The forecasts of Manco Limited for 2022 for the only product that it manufactures are as follows: Operating expenses R588 000, Interest expense, R21 000 and Profit after tax R147 000. If the company tax is calculated at 30% of the pre-tax profit, how much is the expected gross profit for 2022? A. R756000 B. R711900 C. R819000 D. R800 100
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Financial Management
Authors: I.M. Pandey
11th Edition
9325982293, 978-9325982291
