For the financial year ended 31 December 2019, Jemima Plc has revenue of £28m, cost of sales of £14m, finance income of £0.3m, distribution and selling costs of £3m, finance expense of £2m, income tax of £3m and administration expenses of £2.5m. What is Jemima Plc's operating profit % for the financial year ended 31 December 2019?
A) 13.57%
B) 24.29%
C) 30.36%
D) 50.00%
Correct Answer:
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