If a Business Has Made a Profit of £30000 Is

question 5

Multiple Choice

If a business has made a profit of £30000 is liable for tax of £12000, has paid an interim dividend of £6000 and declares a final dividend which has not been paid of £4000 what is its retained profit for the period?

• A) £30000
• B) £18000
• C) £12000
• D) £8000

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Definitions:

Japanese

Pertains to anything related to Japan, its people, culture, language, or country.

Slavery System

A legal or economic system in which principles of property law are applied to humans allowing individuals to own, buy, and sell other individuals as a form of property.

Economic Exploitation

A situation where individuals or groups are unjustly used for economic gain, often through manipulation, coercion, or unjust labor practices.

African Americans

A racial or ethnic group in the United States with ancestors who are predominantly from Sub-Saharan Africa, sharing a common heritage and cultural experiences.