Post Utme Abu 2024 Accounting Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Abu Accounting examination.

Post Utme Abu 2024 Accounting Objective / Multiple Choice
Question 9 POST_UTME_ABU • 2024 • ACCOUNTING • objective

A company's financial statements show a net income of ₦150,000. If the company's tax rate is 25%, what is the company's tax expense?

Answer Options

Correct Answer A. ₦37,500
B. ₦40,000
C. ₦45,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦37,500

About This Question

This is Post Utme Abu 2024 Accounting Question 9. It is one of the objective questions from the 2024 Post Utme Abu Accounting examination.

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