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      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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