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%
Correct Answer:

Verified
Correct Answer:
Verified
Q36: Which one of the following statements describes
Q37: The pay-out ratio is calculated by dividing:<br>A)
Q38: Trickey Limited has total sales for the
Q39: For the financial year ended 31 January
Q40: Dividend cover is calculated by dividing:<br>A) The
Q42: For the financial year ended 30 November
Q43: The lower the market's confidence in a
Q44: Which of the following factors will decrease
Q45: For the year ended 31 October 2019,
Q46: In the financial statements for the year