An abridged version of a company’s income statement for 11993 contains the following information: N…

An abridged version of a company’s income statement for 11993 contains the following information:
N
Turnover 286.5
cost of goods sold 147.5
overhead and other expenses 85.5
Taxes due for the year 26.9
What was the company’s profit before tax for 1993?
  • A.
    26.9 million
  • B.
    53.5 million
  • C.
    139.2 million
  • D.
    286.5 million
Correct Answer: Option B
Explanation
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