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In the Financial Statements for the Year Ended 30 September

Question 15

Multiple Choice

In the financial statements for the year ended 30 September 2019 Ines Limited reports revenue of £600,000, cost of sales of £270,000, administration expenses of £80,000, finance income of £12,000, finance expense of £24,000 and selling and distribution costs of £76,000. What is Ines Limited's profit before tax % for the financial year ended 30 September 2019?


A) 23%
B) 27%
C) 29%
D) 55%

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