Post Utme Bells University 2024 Economics Question 38

Practice objective / multiple choice question 38 from the 2024 Post Utme Bells University Economics examination.

Post Utme Bells University 2024 Economics Objective / Multiple Choice
Question 38 POST_UTME_BELLS_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's tax liability is ₦50,000. If it pays a tax rate of 20%, what is its taxable income?

Answer Options

A. ₦200,000
Correct Answer B. ₦250,000
C. ₦300,000
D. ₦350,000
Correct Answer
B
Correct Option:
₦250,000

About This Question

This is Post Utme Bells University 2024 Economics Question 38. It is one of the objective questions from the 2024 Post Utme Bells University Economics examination.

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