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The reporting date ends on 31 December each year. The revenue of Simunye Limited for...

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Accounting

The reporting date ends on 31 December each year. The revenue of Simunye Limited for 2020 amounted to E 253 500, while Cost of Sales, other expenses and tax amounted to E 55 000, E 37 500 and E 45 080 respectively. A dividend of E 40 000 was paid at year end. How much is the profit

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