The income statement of Berrima Barbed Wire Ltd is:

If revenue increased by 30 per cent, with no effect on expenses other than income tax, what would be the effect on net after tax profit?
A) It would increase by $6600.
B) It would decrease by $6600.
C) It would increase by $4620.
D) It would decrease by $4620.

Question

The income statement of Berrima Barbed Wire Ltd is:

If revenue increased by 30 per cent, with no effect on expenses other than income tax, what would be the effect on net after tax profit?
A) It would increase by $6600. 
B) It would decrease by $6600. 
C) It would increase by $4620. 
D) It would decrease by $4620.

Quizplus · Accepted Answer

The Answer of The income statement of Berrima Barbed Wire Ltd is:

If revenue increased by 30 per cent, with no effect on expenses other than income tax, what would be the effect on net after tax profit?
A) It would increase by $6600. 
B) It would decrease by $6600. 
C) It would increase by $4620. 
D) It would decrease by $4620.

The Income Statement of Berrima Barbed Wire Ltd Is