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Give the value for the operating profit after tax

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Reference no: EM133121574

Question - Silver Ltd has the following Income Statement for 2020:

Income Statement for the year ended 31 December 2020

2020 £'000s

Sales Revenue

37,000

Operating Expenses

(29,100)

Operating Profit

7,900

Interest Expense

(1,400)

Earnings before tax

6,500

Tax @ 20%

(1,220)

Net Income

5,280

Reformulate the income statement for 2020 to distinguish between operating profits and net financing expense.

Give the value for the Operating profit after tax (OPAT).

Reference no: EM133121574

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