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Hello Sir!
How dd the examiner arrive at $1135 as the predicted post tax profits?
Thank you.
But the answer shows the working as to how this is calculated !!!
Note 1 of the question says that the after-tax profits are 454M. It also says that this is 40% of the after-exam profits of EV cinemas.
Therefore the after tax profits of EV cinemas must be 454/40% = $1,135.
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