Use the Following Information to Calculate the "Net Income Available

question 22

Multiple Choice

Use the following information to calculate the "net income available to ordinary shareholders":

• A) $860,000
• B) $870,000
• C) $950,000
• D) $960,000

---

Definitions:

Joint Operation

A business activity shared between two or more entities where they work together on a project but do not form a new entity.

Service Revenue

Income earned from rendering services as opposed to income from selling goods.

Management Fee Revenue

Income earned by an entity for providing managerial services or advice to other companies.

Supplying Service

The act of providing a service to customers, clients, or inside an organization as opposed to delivering a tangible product.