Examveda

Given:
Private income = Rs. 30,000
Tax on Corporate Profit = Rs. 5,000
Undistributed Profit of Corporate = Rs. 4,000
The personal income will be:

A. Rs. 30,000

B. Rs. 21,000

C. Rs. 35,000

D. Rs. 39,000

Answer: Option B


This Question Belongs to Management >> Managerial Economics

Join The Discussion

Related Questions on Managerial Economics