Post Utme Crawford University 2017 Commerce Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2017 Commerce Objective / Multiple Choice
Question 18 POST_UTME_CRAWFORD_UNIVERSITY • 2017 • COMMERCE • objective

A company's financial statements show a net income of ₦1,500,000. If the company pays a 25% tax on its net income, and the tax is deducted from the net income, what is the company's taxable income?

Answer Options

Correct Answer A. ₦1,125,000
B. ₦1,250,000
C. ₦1,375,000
D. ₦1,500,000
Correct Answer
A
Correct Option:
₦1,125,000

About This Question

This is Post Utme Crawford University 2017 Commerce Question 18. It is one of the objective questions from the 2017 Post Utme Crawford University Commerce examination.

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