Question

    What does "Profit After Tax" (PAT) represent in a company's financial statement?

    A Total revenue generated by the company Correct Answer Incorrect Answer
    B Net income available to common shareholders Correct Answer Incorrect Answer
    C Operating profit before interest and taxes Correct Answer Incorrect Answer
    D Gross profit minus operating expenses Correct Answer Incorrect Answer
    E Total assets minus total liabilities Correct Answer Incorrect Answer

    Solution

    Profit After Tax (PAT) represents the net income available to common shareholders after deducting all expenses, including taxes. It is a key indicator of a company's profitability and the amount of earnings attributable to its shareholders.

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