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During 2011, Li\& Fung Corporation Earned Revenue of HK6,150,000, Incurred HK4,630,000 \mathrm{HK} 4,630,000

Question 11

Multiple Choice

During 2011, Li\& Fung Corporation earned revenue of HK6,150,000, incurred expenses of expenses of HK4,630,000 \mathrm{HK} 4,630,000 , and paid dividends of HK420,000 H K 420,000 . Net income for the 2011 is


A) HK1,100,00 \mathrm{HK} 1,100,00
B) HK1,520,00 \mathrm{HK} 1,520,00
C) HK5,730,00 \mathrm{HK} 5,730,00
D) HK6,150,00 \mathrm{HK}6,150,00

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