PT ABC has total sales in 2019 of Rp20 billion and total profit before interest and taxes
Fantastic news! We've Found the answer you've been seeking!
Question:
PT ABC has total sales in 2019 of Rp20 billion and total profit before interest and taxes of Rp5 billion. Total assets owned by the company in that year were Rp10 billion, which came from 40% liabilities and 60% equity. The average interest rate is 8% per year while the corporate tax is 20%. Count it's net income.
Related Book For
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
Posted Date: