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In the Financial Statements for the Year Ended 30 June

Question 2

Multiple Choice

In the financial statements for the year ended 30 June 2019, Marcelo Limited reported revenue of £850,000, operating profit of £221,000, finance income of £34,000 and a taxation charge of £85,000. What is Marcelo Limited's profit before tax % for the financial year ended 30 June 2019?


A) 30%
B) 22%
C) 20%
D) 12%

Correct Answer:

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