Post Utme Bsu 2020 Accounting Question 20

Practice objective / multiple choice question 20 from the 2020 Post Utme Bsu Accounting examination.

Post Utme Bsu 2020 Accounting Objective / Multiple Choice
Question 20 POST_UTME_BSU • 2020 • ACCOUNTING • objective

A company has a profit of ₦500,000 and a tax rate of 25%. Calculate the amount of tax payable.

Answer Options

A. ₦125,000
Correct Answer B. ₦150,000
C. ₦175,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Bsu 2020 Accounting Question 20. It is one of the objective questions from the 2020 Post Utme Bsu Accounting examination.

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