Delta (Pty) Ltd provided you with the following information regarding the company's income and expenses...
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Delta (Pty) Ltd provided you with the following information regarding the company's income and expenses for the 2023 year of assessment: Sales = R1 000 000, opening stock = R150 000, closing stock = R125 000. In addition to this, the company made purchases of R350 000 during the year. Based on the information above, what is the taxable income for Delta (Pty) Ltd for the 2023 year of assessment. O A. R1 125 000 O B. R1 000 000 O C. R625 000 O D. R375 000 Time Questi Not ye Marke Flac
Delta (Pty) Ltd provided you with the following information regarding the company's income and expenses for the 2023 year of assessment: 5 ales =R1000000, opening stock = R150 000 , closing stock =R125.000 In addition to this, the company made purchases of R350 000 duting the year. Based on the information above, what is the taxable income for Delta (Pty) Ltd for the 2023 year of assessment. A. R1 125000 B. R1 000000 C R625 000 D. R375000
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