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The Income Statement of Berrima Barbed Wire Ltd Is

Question 21

Multiple Choice

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

Correct Answer:

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