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An abridged version of a company's income statement for 11993 contains the ...

An abridged version of a company's income statement for 11993 contains the following information:
N
Turnover 286.5
cost of goods sold 147.5
overhead and other expenses 85.5
Taxes due for the year 26.9
What was the company's profit before tax for 1993?
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  • A 26.9 million
  • B 53.5 million
  • C 139.2 million
  • D 286.5 million
Correct Answer: Option B
Explanation:

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