Post Utme Achievers University 2019 Commerce Question 18

Practice objective / multiple choice question 18 from the 2019 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2019 Commerce Objective / Multiple Choice
Question 18 POST_UTME_ACHIEVERS_UNIVERSITY • 2019 • COMMERCE • objective

A company's financial statements show a net profit of ₦1,000,000. If the company's tax rate is 25%, what is the amount of tax the company will pay?

Answer Options

Correct Answer A. ₦250,000
B. ₦500,000
C. ₦750,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦250,000

About This Question

This is Post Utme Achievers University 2019 Commerce Question 18. It is one of the objective questions from the 2019 Post Utme Achievers University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support