Question

Which of the following is a component of profit?
(A) Dividend
(C) Corporate profit tax
(B) Undistributed profit
(D) All of these​

Answer 1

Answer:

Corporate profit tax

Explanation:

A P&L usually has five main components: revenue (sales/turnover) cost of goods sold (COGS) gross profit (revenue minus COGS)

Answer 2

(D) All of these​

• Profit refer to the money saved by the business which was earned by the business after accounting for all expenses. No matter what is the operation of a business the primary goal of any business is to earn money, therefore business performance is based on profitability.
• A dividend is the share of a company's earnings that is paid and distributed to its security holders and is declared and determined by the board of directors of the company. It is distributed out of Profits add gain of the company during a financial year.
• Corporate profit taxes are the taxes levied on the net profits (gross income minus allowable tax reliefs) of the business.
• Undistributed profits refer to the earnings of the business that have not been distributed to the investors or security holders in the form of dividends but rather kept as reserves or invested in business for better operations and performance.

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