Question : Which one of the following is a component of profit?
Option 1: Corporate tax
Option 2: Wages and salaries in kind
Option 3: Mixed income
Option 4: All of the above.
Answer (1)
20th Jan, 2024
Correct Answer:
Corporate tax
Solution : Profit has three componenets-
- Undistributed profit
- Corporate tax
- Dividend
Hence, Option A is correct.
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