Post Utme Caleb University 2022 Commerce Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2022 Commerce Objective / Multiple Choice
Question 39 POST_UTME_CALEB_UNIVERSITY • 2022 • COMMERCE • objective

A sole trader has an annual turnover of ₦2,000,000. If the company's tax rate is 25%, what is the amount of tax payable?

Answer Options

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

About This Question

This is Post Utme Caleb University 2022 Commerce Question 39. It is one of the objective questions from the 2022 Post Utme Caleb University Commerce examination.

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