Post Utme Aaua 2022 Commerce Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Aaua Commerce examination.

Post Utme Aaua 2022 Commerce Objective / Multiple Choice
Question 40 POST_UTME_AAUA • 2022 • COMMERCE • objective

A company's income statement shows net income of ₦200,000 and dividends of ₦100,000. What is the company's retained earnings?

Answer Options

A. ₦100,000
Correct Answer B. ₦150,000
C. ₦200,000
D. ₦250,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Aaua 2022 Commerce Question 40. It is one of the objective questions from the 2022 Post Utme Aaua Commerce examination.

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