A company recorded the following in 2018: Revenue 50,000 Operating Expenses 22,000 Spending on new equipment 4,000 Interest paid 2,000 Tax 5,000 Dividends distributed 1,000. What were its after-tax profits for the year?
a) 16,000
b) 17,000
c) 20,000
d) 21,000
e) 23,000
Answer: d) 21,000
Business
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