A company earned a total revenue of N108 million with a total cost of N91...
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A company earned a total revenue of N108 million with a total cost of N91 million in 1991. If it paid 4596 tax on its gross profit for that year, determine its net profit.
- A) N24.65 million
- B) N17.00 million
- C) N9.35 million
- D) N7.65 million
Correct Answer: C) N9.35 million
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