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The Income Statement of Berrima Barbed Wire Ltd Is

question 44

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The income statement of Berrima Barbed Wire Ltd is: The income statement of Berrima Barbed Wire Ltd is:   - If the rate of income tax were raised to 40 per cent,what would be the effect on net profit? A)  It would increase by $700. B)  It would decrease by $700. C)  It would increase by $1000. D)  It would decrease by $1000.
- If the rate of income tax were raised to 40 per cent,what would be the effect on net profit?


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