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The forecasts of Mojo Limited for 2023 for the only product that it manufactures are as follows: Operating expenses R700 000, Interest income R25 000

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The forecasts of Mojo Limited for 2023 for the only product that it manufactures are as follows: Operating expenses R700 000, Interest income R25 000 and Profit after tax R176 400 . If the company tax is calculated at 30% of the pre-tax profit, how much is the expected gross profit for 2023 ? A. R927 000 B. R904 320 C. R977 000 D. R954 320

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