Question

Profit for the purpose of calculating a ratio may be taken as
a) Profit before tax but after interest
b) Profit before interest and tax
c) Profit after interest and tax
d) All of the above
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Answer 1

Profit for the purpose of calculating a ratio may be taken as

a) Profit before tax but after interest

b) Profit before interest and tax

c) Profit after interest and tax

d) All of the above

Answer(d) All of the above

Answer 2

D- all of the above