Post Utme Al Hikmah University 2017 Accounting Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2017 Accounting Objective / Multiple Choice
Question 10 POST_UTME_AL-HIKMAH_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's financial statements for the year ended December 31, 2022, are as follows: Trading Profit: ₦2,500,000; Profit Before Tax: ₦3,200,000; Tax Expense: ₦800,000. What is the company's Net Profit for the year?

Answer Options

A. ₦2,400,000
B. ₦2,600,000
C. ₦2,800,000
Correct Answer D. ₦3,000,000
Correct Answer
D
Correct Option:
₦3,000,000

About This Question

This is Post Utme Al Hikmah University 2017 Accounting Question 10. It is one of the objective questions from the 2017 Post Utme Al Hikmah University Accounting examination.

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