The income statement of Berrima Barbed Wire Ltd is:

If salaries expense amounting to $3000 were eliminated, what would be the effect on net profit after tax?
A) It would decrease by $2100.
B) It would decrease by $3000.
C) It would increase by $2100.
D) It would increase by $3000.

Question

The income statement of Berrima Barbed Wire Ltd is:

If salaries expense amounting to $3000 were eliminated, what would be the effect on net profit after tax?
A) It would decrease by $2100. 
B) It would decrease by $3000. 
C) It would increase by $2100. 
D) It would increase by $3000.

Quizplus · Accepted Answer

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

If salaries expense amounting to $3000 were eliminated, what would be the effect on net profit after tax?
A) It would decrease by $2100. 
B) It would decrease by $3000. 
C) It would increase by $2100. 
D) It would increase by $3000.

The Income Statement of Berrima Barbed Wire Ltd Is