Post Utme Aaua 2023 Accounting Question 24
Practice objective / multiple choice question 24 from the 2023 Post Utme Aaua Accounting examination.
A company's income statement for the year ended December 31, 2022, is as follows: ₦ Sales ₦5,000,000; ₦ Cost of Goods Sold ₦3,000,000; ₦ Gross Profit ₦2,000,000. If the company's tax rate is 25%, what is the company's net income?
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About This Question
This is Post Utme Aaua 2023 Accounting Question 24. It is one of the objective questions from the 2023 Post Utme Aaua Accounting examination.
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